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States News

The Hindu

States / The Hindu

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Indias R&D spending crosses 0.8% of GDP for first time since 2010

A level last seen in 2009-10, official data reveal a structural shift: private industry accounted for 45.5% of national R&D spending in 2021-22, rising further to 51.8% in 2023-24, the first time businesses have contributed more to Indias research effort than all levels of government combined

29 Jul 2026 11:01 pm