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Tag: private industry

Quantum shift: On private industry and national research spending

Posted on August 5, 2026 By admin
Quantum shift: On private industry and national research spending

The Department of Science and Technology’s latest figures on India’s research profile record a milestone. In 2023-24, private industry accounted for 51.8% of national research spending — a first in India’s history — overtaking all tiers of government combined for the first time. Moreover, industry now employs more core researchers than government institutions. Transport firms…

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