Secretary of Department of Biotechnology K VijayRaghavan said the growing economy has thrown up an "extraordinary opportunity" for "extraordinary synergy" across multiple sectors.
"If you talk of this region, you have AIIMS, and Safdarjung (Hospital) in the vicinity, and IIT-Delhi and JNU are not far. And, then you have National Institute of Immunology and South Campus (of Delhi University). But these institutions have grown in relative isolation of each other," he told a function at the All India Institute of Medical Sciences here.
"People say, we don't have the Stanfords and the CalTechs, and I say they are staring at our face," he said.
VijayRaghavan was speaking at the inauguration ceremony of AIIMS Cohort Study Centre in its premises.
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Union Health Secretary C K Mishra said if there is one sphere where "we have failed, it is research".
"And it is not that we lack capabilities. We have a huge pool of talent but still not much being done in research area. Research needs a lot of investment and in India more often than not the immediate takes over the important.
Cohort studies are type of medical research used to investigate the causes of disease, establishing links between risk factors and health outcomes. They are planned in advance and carried out over a future period of time.
"All good institutions like AIIMS must come together and put their brains together... And I must say that if there is in any area where the investment needs to increase dramatically, it is research, and more so in the medical field," he said.