Modi’s $1.13B Fund Bets on India’s Tech Future

PM Modi Launches ₹1 Lakh Crore RDI Fund to Boost Innovation - SMEVENTURE

In a historic move to strengthen India’s innovation and research ecosystem, Prime Minister Narendra Modi launched the ₹1 lakh crore Research, Development & Innovation (RDI) Fund on November 3, 2025. The initiative is designed to de-risk futuristic projects, empower high-impact innovators, and accelerate India’s journey toward becoming a global hub for technology-driven progress under the vision of Viksit Bharat. “For decades, India has been rich…

PM Modi Unveils ₹1 Lakh Crore RDI Fund to Boost Private Investment in Innovation

Prime Minister Narendra Modi launched the ₹1 lakh crore Research, Development, and Innovation (RDI) Fund to promote private sector participation in India’s research and innovation ecosystem. The announcement was made during the first Emerging Science Technology and Innovation Conclave (ESTIC), a forum that brings together policymakers, researchers, entrepreneurs, and global experts to accelerate India’s “Viksit Bharat 2047” goal. During the cere…

Modi’s $1.13B Fund Bets on India’s Tech Future

Prime Minister Narendra Modi’s launch of a $1.13 billion Research, Development and Innovation fund marks a pivotal moment for India’s technological ambitions. This fund, aimed at catalyzing private sector participation in high-impact R&D, is not just about financial investment; it’s a strategic bet on India’s future. The fund’s focus on strategic technologies and technological self-reliance is a… Source

India tech pay plunges 40%, signaling a shift in offshoring dynamics

India’s once red-hot tech talent market may be cooling fast, suggesting a change that CIOs cannot ignore. The median total compensation for engineering and data roles has fallen to about $22,000 in 2025, roughly 40% lower than last year, according to a report from Deel and Carta.   While salaries continue to rise in the US, Canada, and Europe, the sharp decline in India marks a turning point in the economics of offshoring and raises new question…