Reddy was speaking on the occasion of 71st foundation day of Council of Scientific and Industrial Research (CSIR).
"We have to recognise that the country is looking forward for still larger contributions from us, particularly in the current economic scenario," he said.
He also commended the CSIR for its contributions over the past seven decades.
"The spectrum of (scientific) contributions is quite wide, from import substitution to development of specific industry segments, from strategic capacity creation in some niche segments to marching towards global leadership," he said.
"The country needs to develop more and more enabling technologies, innovative products and services for people at the base of the economic pyramid.
"We should not forget that India still lives in villages. People at the base of economic pyramid need our help to enhance their income and remove drudgery," he added.