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Opinion News

The Economic Times

Opinion / The Economic Times

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View: Why India needs businesses, not the government, to lead R&D investment

India's limited presence in global corporate R&D, with only 17 companies in the top 2,000 investors, highlights a critical structural imbalance. Dominated by public funding, the nation lags behind developed economies where private sector R&D drives innovation and global competitiveness. This needs a transition to a business-led ecosystem.

19 Jan 2026 11:00 pm