Building the growth story of India in the coming decades will mainly depend on how fast an adjustment to the emerging technologies can be made, and with strategic investments in nourishing the science, technology (S&T), innovation, and research and development (R&D) landscape. R&D acts as the major driver of economic growth, especially so in the development of sustainable solutions and enhancement of operational efficiency, and can turn out to be a key device to boost the competitiveness of businesses and industries in the global marketplace. For any country, transforming its ecosystem of science, innovation, and R&D is the fundamental key to paving the way to achieve and sustain growth. Although the funding in research and development in India is only less heavy compared with other countries, most research organizations have raised to the challenge of inventing new technologies and bridging gaps.
Science and Technology form one of the basic pillars of any civilization in the world, and in India, scientific principles have been embedded within its culture and heritage. From the current global point of view, exponential scientific growth is one of the building blocks of economic growth and development. These discoveries are enabled in style through research institutes and organizations standing at the forefront in India. Research institutes in India are of paramount importance to the country's economic, scientific, and technological progress. They execute state-of-the-art studies in various fields, such as agriculture, healthcare, the country's defense through the DRDO, and studies related to space with ISRO and IIRS. They have returned with several discoveries and inventions that changed the face of millions of people's lives across the world.
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