Introduction to innovation landscape in India

While you sit and browse this article, India is slowly and gradually and steadily acquiring a supply of innovation and investigate vacation spot on the earth. Main providers from world wide have arrange their exploration and progress centres in India stands testimony to our exploration talent. The expansion and output from these analysis and innovation centres happen to be enormous and we will sustain the progress by driving the excellence within our institutions by way of collaborations amongst industry-academia, welcoming federal government policies in direction of innovation encouraging the innovators to pursue their Strategies to fruition.


When compared to the produced international locations like US, Japan and BRICKS India ranks fourth on the quantity of investigate output and 2nd over the compound yearly advancement level parameter which has a CAGR of 6%. Rise in investments from The federal government as well as the Field will bolster The expansion of those figures in the future.
Quantity of investigation output in India is distribute throughout 22 Crucial Science Indicator(ESI) categories and the general study focus is in keeping with the global exploration concentrate which puts India in great stead in the future in terms of innovation is worried.
Remaining aligned with the worldwide investigate emphasis helps you to be appropriate to the global analysis Group and also to collaborate on the popular regions of investigate concentration. On the other hand, It's also essential which the analysis and innovation Group addresses the countrywide issues and areas of interest even though defining and prioritizing their exploration emphasis.
India ranks 7th in the quantity of patent applications filed on the earth and it has registered a powerful 17% CAGR in the volume of website patents submitted in the final five years. But the number of patents granted has witnessed a CAGR of only three% which can be worrisome variable.
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