India’s innovation journey needs more than bold funding- it needs strategic execution. The ₹1 lakh crore RDI scheme is a landmark initiative, but its true impact will depend on how we bridge the gap between invention and adoption. Global lessons, especially from China, show that success comes from targeted sectoral focus, domestic market creation, and a commitment to scaling proven technologies. India must support not just R&D, but also demand creation through purchase commitments, milestone-based funding, and competitive scaling. Only then can we build a product-driven economy and move closer to our vision of becoming a developed nation by 2047. These ideas are explored in a recent CNBC-TV18 article I co-authored with Mahesh Deodhar, Research Fellow at the Centre for Sustainable Energy and Mobility, Pune International Centre. Read the full story here: https://lnkd.in/gmtvbXXB
India's RDI scheme: A call for strategic execution over funding
More Relevant Posts
-
At ICTRD’s first Virtual Round Table, “Tariffs & Trade: Navigating US Policies and Their Impact on India’s Innovation Economy”, Mr Shajan Kumar, Dean of Mathrubhumi Media School, highlighted how tariffs today go far beyond traditional industries; they directly shape innovation-driven sectors. He emphasised that India’s global manpower, IT strength, and creative industries are critical assets in this evolving trade landscape. To turn challenges into opportunities, Mr Kumar called for a sharper focus on skill development, fostering innovation, and leveraging strategic initiatives like Make in India and Startup India. 🔗 Join the Conversation: https://ictrd.org Shajan Kumar #TariffsAndTrade #InnovationEconomy #PolicyAndPractice #ICTRD #GlobalTrade #MakeInIndia #StartupIndia
To view or add a comment, sign in
-
-
New Era of Economic Partnership! India and the UK are set to DOUBLE bilateral trade to over $112 billion by 2030! A landmark announcement was made at the India-UK CEOs Forum in Mumbai, where Indian Prime Minister Narendra Modi, alongside his British counterpart Keir Starmer, unveiled an ambitious vision for our economic future. Building on the foundation of the recently signed Comprehensive Economic and Trade Agreement (CETA) in July 2025, this goal signifies a massive leap in the strategic partnership between our two great nations. In just three months, CETA has already injected a £6 billion boost into our trade and investment flows! Key Takeaways for Businesses and Professionals: Massive Growth Ahead: A clear target to double the current $56 billion trade volume presents immense opportunities for businesses on both sides. Focus on High-Growth Sectors: The collaboration will be centered on future-defining industries, including AI, quantum technology, semiconductors, biotech, and critical minerals. Empowering MSMEs: The trade pact is strategically designed to empower India's MSME sector, aiming to create widespread job opportunities. A Call for Collaboration: UK PM Keir Starmer has opened a direct channel for industry leaders, urging feedback to remove barriers and maximize the potential of this historic agreement. This isn't just about numbers; it's about creating a powerful synergy between India's dynamic growth engine and the UK's innovation ecosystem. The message is clear: the path is set for unprecedented collaboration and shared prosperity. A truly exciting time to be part of the India-UK growth story! #IndiaUKTrade #BilateralTrade #EconomicGrowth #NarendraModi #KeirStarmer #CETA #FreeTradeAgreement #FTA #TradeDeal #InvestInIndia #InvestInUK #GlobalBritain #MakeInIndia #MSMEs #AI #Semiconductors #Biotechnology #QuantumComputing #RareEarthMetals #Pharma #EconomicPartnership #Geopolitics #InternationalTrade #BusinessNews #Economy #IndiaUKCEOsForum #Mumbai #DigitalIndia #StartupIndia #UKIndiaBusiness #GlobalEconomy #Investment #ForeignPolicy #TradeandInvestment #FutureIsNow #Innovation #Technology #UKBusiness #IndianBusiness #GlobalTrade #SupplyChain #Manufacturing #EconomicDevelopment #InternationalRelations #Prosperity #Collaboration #Partnership
To view or add a comment, sign in
-
Confederation of Indian Industry and Bert Labs believe that AI Infrastructure will play a leading role towards exponentially increasing the Private sector contribution to the GDP of India, contributing towards #ViksitBharat, on or before 2047. A key element of this is increasing AI Infrastructure adoption especially for the Private sector across industry verticals including #Cement, #Chemical #SpecialtyChemical, #PulpPaper, #Materials, #Forging, #Automotive, #Pharmaceuticals, #EnergyTransmission, #EnergyGeneration, #EnergyDistribution, #FMCG, #Aiports, #Hotels, #Hospitals, #OfficeComplexes, #RetailMalls, #Oilandgas, #Refineries CII and Bert Labs™ are formally collaborating on the following tenets, to do the hard work of diligently pursuing the fundamental need here of change management, towards creating AI Infrastructure ecosystem in India: 1. AI Infrastructure Investment ecosystem 2. AI Infrastructure Adoption ecosystem 3. AI Infrastructure Impact – India & Global 4. AI Infrastructure Research & Innovation 5. AI Infrastructure Talent ecosystem Thank you very much Chandrajit Banerjee, Dr Ashish Mohan and Kavita Nair, for hosting me and Bhavana M. in your office last month, and for the productive discussion on our common objective towards #ViksitBharat2047 CII Southern Region, ASSOCHAM (The Associated Chambers of Commerce and Industry of India), ASSOCHAM, FICCI, nasscom, Indo-French Chamber of Commerce & Industry (IFCCI), Indo-German Chamber of Commerce, Indo British Business Forum, Indo-Australian Chamber of Commerce #AustCham India#AustCham India#AustCham India, Indo-American Chamber of Commerce, India, INDO - UAE Economic Chamber of Commerce, INDO Singapore, Enterprise Singapore, Singapore Economic Development Board (EDB), Invest in Bavaria - The Business Promotion Agency of the State of Bavaria, Choose Paris Region, London & Partners, British High Commission in India, High Commission of India in London, ADVANTAGE AUSTRIA, ViennaBusiness, Business France Associated Broadcasting Co. Pvt Ltd (TV9), Business Today, The Economic Times, The Economist, Bloomberg, Indian Chemical News, International Cement Review Changi Airport Group Chaitanya Jalan Ramkrishna Forgings Limited
To view or add a comment, sign in
-
-
𝐌𝐚𝐡𝐚 𝐂𝐚𝐛𝐢𝐧𝐞𝐭 𝐜𝐥𝐞𝐚𝐫𝐬 𝐆𝐂𝐂 𝟐𝟎𝟐𝟓 𝐩𝐨𝐥𝐢𝐜𝐲 𝐭𝐨 𝐛𝐨𝐨𝐬𝐭 𝐠𝐥𝐨𝐛𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 The Maharashtra Cabinet has approved the Global Capacity Centre (GCC) 2025 policy, aiming to make the state a key destination for global investments in high-growth sectors. The policy aligns with the Viksit Bharat 2047 vision and India’s goal of a trillion-dollar economy by 2030, creating an investor-friendly climate and fostering international cooperation. Maharashtra’s approach is supported by frameworks such as the Confederation of Indian Industry’s Model State GCC Policy, which guides states in expanding GCC growth and generating top-tier jobs beyond metropolitan areas. As India strengthens its status as a global GCC hub, the sector now comprises over 1,800 centres employing 2.16 million professionals and contributing $68 billion to GDP. Alongside this, the cabinet approved a comprehensive cancer treatment policy, offering a three-tier structure to ensure citizens have access to quality care, thereby further bolstering the state's healthcare infrastructure. #Maharashtra #GCC2025 #GlobalInvestments #ViksitBharat2047 #DigitalIndia #InvestmentHub #EconomicGrowth #TrillionDollarEconomy #InnovationEcosystem #JobCreation #HealthcareInfrastructure #IndiaGrowthStory
To view or add a comment, sign in
-
-
India's GCC Sector Set For Quantum Leap, Poised To Double Market Size By 2030 Technology, demographic advantage, and #strategic global ties build India's GCC industry into a global #innovation hub with 1,800 centres and 1.9 million employees Read more: https://lnkd.in/gFg6VdGf Divya priya #GCC #India #ICAI Annurag Batra | Noor Fathima Warsia | Tanvie Ahuja | Akash Pandey | Sharon Verma | Vishal Katoch
To view or add a comment, sign in
-
EFTA–India Trade and Economic Partnership Agreement Enters into Force: A New Era of Collaboration 🔹 $100 billion investment commitment from EFTA nations over 15 years 🔹 Potential to create 1 million jobs in India by 2039 🔹 Boosts Indian exports in pharma, textiles, engineering, and IT services 🔹 Greater access for EFTA in precision instruments, machinery, and high-value goods A landmark step strengthening trade, innovation, and sustainable growth between India and the EFTA States (Iceland, Liechtenstein, Norway, Switzerland). 🔗 Read more: https://lnkd.in/gDBaG44Y 📲 Download the 360tf App: https://lnkd.in/gR56wpzY Follow 360tf for more Trade News updates. Ministry of Commerce and Industry, Government of India, Department of Commerce, EFTA Secretariat, SECO Economic Cooperation and Development, Government of Norway, Government of Iceland , Principality Of Liechtenstein #IndiaEFTA #TEPA2025 #TradeNews #Investment #360tf
To view or add a comment, sign in
-
-
A transparent, technology-enabled, and innovation-friendly regulatory environment will ensure that India's markets not only attract capital but also nurture confidence, turning the country into a preferred global destination for value creation Read more: https://lnkd.in/ggMKjCqM Written by: Vinod K Bansal, Ankita Maheshwari Annurag Batra | Tanvie Ahuja | Noor Fathima Warsia #Economy #capitalmarkets
To view or add a comment, sign in
-
-
On 30th September, 2025, yesterday, Centre for Responsible Business and The India Advantage Summit [TIA Summit] Co-hosted the #CRBISS2025 Bengaluru Curtain Raiser dialogue on, "Enhancing Competitiveness and Positive Impacts through Responsible Business." The dialogue underscored a critical inflection point in India’s development trajectory: competitiveness and sustainability cannot be pursued in isolation. They must be understood as mutually reinforcing dimensions of long-term economic resilience. Discussions highlighted several structural imperatives: • Embedding localised solutions within community ecosystems as pathways to inclusive competitiveness. • Advancing collaborations and partnerships to overcome systemic fragmentation. • Streamlining standards to reduce compliance complexity and enable wider uptake. • Expanding market access for SMEs while accelerating digital inclusion. • Prioritising awareness and education to embed sustainability as a culture. • Shifting from short-term oversight to long-term thinking, anchored in measurable sustainability KPIs. The deliberations point towards a paradigm where responsible business is not peripheral but central to India’s economic vision, shaping a model of growth that is simultaneously competitive, resilient, and sustainable. This event was hosted with support from FKCCI - Federation of Karnataka Chambers of Commerce & Industry and India Netherlands Business Circle Bengaluru (INBCB). Professor Vasanthi Srinivasan| Ms. Uma Reddy | Abhishek R.| Jose Jacob K| Sayeed Ahmed| Rajalakshmi Deshpande| Madhusoothanan Vijay Anamika Ghosh, Siya Chopra, Himanshu Mandal, Dr. Prabhat Bhuddha Dev S (PhD) #ISSCRB2025 #SustainableBusiness #SustainabilityDialogues #SustainableBusinessDialogue #BengaluruSustainabilityDialogue
To view or add a comment, sign in
-
#MomentousMission: #UK’s #PrimeMinister Leads 120+ #BusinessLeaders to India #UKPrimeMinister made his first official visit to #India, accompanied by one of the #largest trade delegations in recent memory — over #120 #CEOs, founders, university leaders, and innovators — spanning sectors including finance, tech, R&D, education, green energy, and more. The scale & ambition of this mission reflect a clear message: both nations see the next decade as an era of transformation, built on cross-border collaboration as much as competition. Here are a few reflections and takeaways from this landmark visit:- 1. Trade & Investment: Fueling Growth on Both Sides:- In July 2025, India and the UK signed their Comprehensive Economic and Trade Agreement (CETA), envisioning tariff reductions, better market access, and deeper cooperation across sectors. During the India visit, the UK government announced that £3.6 billion in new UK investments into India had been confirmed, across industries from AI & Fintech to education and manufacturing. Simultaneously, 6,900 jobs were unlocked in the UK, linked to £1.3 billion of Indian investment. The PM’s office also reported that 10,600 jobs were secured overall (counting both sides of the equation) through deals struck during the trip. This is more than symbolic handshake diplomacy — we are already seeing real economic flows, linking Indian capital with UK innovation,& vice versa. 2. Innovation, Tech & R&D: Building Bridges for the Future:- Several announcements & agreements underscore the deeper, structural collaboration envisioned between the two nations: The governments committed to establishing an India-UK Connectivity & Innovation Centre, focused on frontier technologies like 6G, non-terrestrial networks (NTNs), & Telecom cybersecurity. A joint India-UK AI Centre was launched, with a mandate to advance trustworthy AI applications in health, climate, fintech, & engineering biology. In collaboration with Indian institutions, UK entities such as the Centre for Process Innovation (CPI), Henry Royce Institute (HRI), and Oxford Nanopore Technologies are engaging in partnerships spanning biotechnology, genomics, and biomanufacturing. On the university front, nine UK universities have announced plans to open campuses or expand in India. A striking example: Imperial College London is partnering with the Science Gallery Bengaluru to build a research-innovation hub & fellowship programs for UK-India scientists. These efforts suggest that this is not just about selling goods — it's about co-creating future technologies, training talent, and embedding reciprocal innovation ecosystems. 3. Education & Human Capital: Nurturing the Next Generation:- Connects GenZ to Collaborate over Competition, Respect each other Cultures,Traditions, DEI, Sharing of Knowledge. Narendra Modi Kelly Kassis UK Civil Service UK Ministry of Defence Haileybury UK KPMG UK https://lnkd.in/g5KjbVgp
FULL REMARKS: Joint Presser by PM Modi, British PM Keir Starmer | India |UK | Trade
https://www.youtube.com/
To view or add a comment, sign in
-
🚀 UNIDO x India SME Forum | Driving Innovation & Sustainable Industrial Growth 🌍 We’re proud to announce the signing of a Joint Declaration between UNIDO and India SME Forum signed by Gerd Müller, Director General of UNIDO, and Sushma Morthania, Director General of India SME Forum. This strategic step will drive digital transformation, innovation, and SME competitiveness to accelerate progress on the SDGs. Key focus areas: 🔹 Showcasing digital solutions for sustainable industry 🔹 Strengthening SME clusters & market access 🔹 Building innovation ecosystems & digital skills 🔹 Co-hosting global events & knowledge sharing 🔹 Establishing a Centre of Excellence in AI, robotics, smart manufacturing & more Together, we aim to drive inclusive, sustainable industrial development for a smarter, greener future. 🌱🌍 #UNIDO #IndiaSMEForum #SMEs #DigitalTransformation #Industry40 #Sustainability #Innovation #SDGs Jason Slater | Vinod Kumar W. | Ritin Koria, PhD | Tomoyoshi Koume | Vanja Marić | Wernhard B. Berger | Alwin Paul John
To view or add a comment, sign in
-
More from this author
Explore related topics
- Insights on the Indian Startup Journey
- Importance of Investing in Research and Development
- Factors Driving Tech Innovation in India
- How to Drive Innovation Success
- Strategies for Driving Innovation in R&D
- How to Drive Innovation Beyond Product Launches
- Importance of Bold Ideas in Driving Innovation
- Importance of Execution in Innovation Success
- The Importance of Action in Driving Innovation
Paywalled, Ravi ji. But absolutely resonate with your comment. China focused on the 8 strategic areas they identified and executed relentlessly. Unfortunately, we focus on one part of the puzzle (production or consumption usually) and don't pull all levers for ideas to scale. Hope this moment, when the US has abandoned us, becomes an inflection point for focusing on not just investing in R&D but look at it holistically.