India's RDI scheme: A call for strategic execution over funding

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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  

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. 

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