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PM Modi Highlights India’s Growing Leadership in Technology and Innovation at ESTIC

The Rs 1 lakh crore fund aims to boost private R&D investment via a layered funding model managed by expert committees to support India's innovation and startup ecosystem.

  • Prime Minister Narendra Modi inaugurated the Emerging Science and Technology Innovation Conclave 2025 in New Delhi on November 3, 2025.
  • He launched the Rs 1 lakh crore Research, Development and Innovation Fund to promote private investment in research and development.
  • The event will host over 3,000 participants focusing on key areas like Artificial Intelligence and Emerging Agriculture Technologies.
  • PM Modi stated that India has become a leader in technology, citing a significant increase in R&D spending over the past decade.
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NewsKarnataka broke the news in on Sunday, November 2, 2025.
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