As China’s R&D intensity increased even further to 2.18% of GDP, India’s fell to 0.63% in 2015 from 0.85% in 2011. Further, India’s high-technology manufacturing output fell 14% between 2011-2016. India needs to increase R&D spending so as not to be left behind in the global technology race.
More Stories
SITARA plea to PMO on leaving Domestic Procurement out of Free Trade Agreements
INTERVIEW WITH VENKAT RAJ
Impact of Climate Change on India and What Can be Done