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India Eyes Research-Driven Leap with ₹1 Lakh Crore RDI Scheme
India launches ₹1 lakh crore RDI fund to catalyse private-sector R&D in deep-tech and strategic sectors.
The Research, Development & Innovation (RDI) Scheme was unveiled at the Emerging Science Technology and Innovation Conclave 2025 (ESTIC 2025) in New Delhi, committing ₹1 lakh crore to promote private-sector-led R&D across deep-tech, strategic and high-risk domains. Narendra Modi stressed that this fund would help India transition from technology-consumer to technology-creator. The scheme targets sunrise sectors including AI, semiconductors, bio-manufacturing and green tech, and will offer extended tenor growth-capital and lower-interest refinancing.