Page 2 - Research And Development

Trade imbalance: India needs to urgently enhance its R&D investment

By prioritising this, and cultivating a robust ecosystem for innovation and business growth, India can build the foundation to achieve sustainable economic growth and avoid the middle-income trap

Will encourage scientific advancement: PM Modi hails BioE3 policy

Prime Minister Narendra Modi on Saturday hailed the "BioE3" policy approved by the Union Cabinet as a landmark initiative and said it will encourage scientific, industrial and societal advancements in the times to come. The Union Cabinet approved the "BioE3" (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance bio-manufacturing of the Department of Biotechnology. According to Information and Broadcasting Minister Ashwini Vaishnaw, the policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors. In a post on X, Modi said, "The BioE3 (Biotechnology for Economy, Environment and Employment) policy that has been approved by the Cabinet is a landmark initiative that will foster high performance bio-manufacturing." "This will also encourage scientific, industrial and societal advancements in the times to come. Other benefits include environmental preservation and employment creation,"

Govt gives nod to BioE3 policy, Vigyan Dhara scheme to foster R&D

The Union Cabinet on Saturday approved the 'BioE3' (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance biomanufacturing of the Department of Biotechnology. According to Information and Broadcasting Minister Ashwini Vaishnaw, the BioE3 policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors. This will accelerate technology development and commercialisation by establishing biomanufacturing and bio-AI hubs and biofoundry, he said. Along with prioritising regenerative bioeconomy models of green growth, this policy will facilitate the expansion of India's skilled workforce and provide a surge in job creation. An official statement said, the policy will further strengthen the government's initiatives such as a Net Zero' carbon economy and Lifestyle for Environment' and will steer India on the path of accelerated Green Growth' by promoting a Circular Bioeconomy'. "The BioE3 Polic

Govt needs money to meet challenges, fund R&D, says FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Tuesday justified the present taxation regime, saying that the country needs resources to meet the challenges facing the nation and also to fund research and development activities. Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal. While appealing to the scientist community to do more research on the storage of renewable energy, Sitharaman said the world has promised a lot of money towards transitioning from fossil fuel to renewable energy but that money is yet to come. "But India didn't wait. The promises given in Paris (Paris Agreement) were fulfilled with our own money. There are times when being the finance minister, it doesn't give me motivation when I have to answer people about why our taxes are like this? Why can't we even be lower than this? I wish I can bring it down to almost nil. But India's challenges are severe and challenges will have to be overcome," the

How China built tech prowess: Chemistry classes and research labs

Spending on research and development has surged, tripling in the past decade and moving China into second place after the United States

Indian energy cos lag in R&D, innovation metrics compared to global peers

India's leading energy companies do not fare better than global firms on R&D intensity, proportion of employees with a PhD degree, and patents per billion dollar revenue, according to FAST India

Zoho forays into eastern Uttar Pradesh; to set up R&D facility by year end

According to media reports, Zoho has also submitted a proposal to the Indian government seeking incentives for a semiconductor fab plant

Budget Watch: Govt may announce new 5G initiatives, focus on R&D for 6G

The government is looking to expand funds for research in rural 5G use cases

DoT calls for R&D proposals: 5G intelligent villages, quantum cryptography

Telecom Technology Development Fund to see through Made in India tech solutions

India's chip industry to face shortage of 300,000 professionals by 2027

A report by TeamLease Degree Apprenticeship showed the semiconductor industry is expected to face a shortage of 250,000-300,000 professionals by 2027 in verticals such as design, and manufacturing

Research bodies call for slashing CCEs to hasten farm yield estimates

Studies are being done on how number of CCEs could be lowered without compromising on accuracy, credibility

Every rupee invested in agri research yields Rs 13.85, says study

After research comes agriculture extension activities which give the second best return on investment at 7.40 rupees for every one rupee invested

In the works: Telecom Patent Fund to access costly tech, drive innovation

DoT plans fund to acquire critical licences from global firms for startups and SMEs, boost indigenous R&D

What makes engineering R&D space a target for mergers and acquisitions?

Infosys' acquisition of Germany-based in-tech is the 15th top deal so far

MNRE extends deadline for R&D proposals under green hydrogen mission

The New & Renewable Energy Ministry has extended the deadline until April 27 for the submission of research and development proposals under the National Green Hydrogen Mission, a release said on Tuesday. The ministry on March 16, 2024, invited R&D proposals under the mission from the industry. The last date for submission was April 12. While the 'Call for Proposals' is receiving encouraging responses, some stakeholders have requested more time for submission of R&D proposals, the release said. "In view of such requests and to allow sufficient time to the institutions for submitting good-quality proposals, the ministry has extended the deadline for submission of proposals to 27th April 2024," the ministry said. The National Green Hydrogen Mission was launched on January 4, 2023, with an outlay of Rs 19,744 crore up to 2029-30. The ministry has issued guidelines for the implementation of the R&D Scheme under the National Green Hydrogen Mission. The R&D Scheme will be

Embracing 'Make Products in India'

It is time shift the focus from 'Make in India' and foster local innovation to create high-income jobs and improve the quality of life for Indians

India to have largest R&D presence outside US by 2025: Bristol Myers CEO

Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International

India to have largest R&D presence outside US by 2025: Bristol Myers CEO

Bristol Myers also operates a research and development centre in Bengaluru in partnership with the Biocon Group's Syngene International

Marlabs to hire 500 people in India, aiming to double revenue in 3 years

India is its largest talent hub; comprises 75% of company's total workforce

Aircraft engine maker Pratt & Whitney establishes R&D centre in Bengaluru

IDCC will facilitate close collaboration with other RTX (Raytheon) businesses in India, including Collins Aerospace and RTX Enterprise Services