1、For updated information,please visit www.ibef.orgNovember 2025SCIENCE AND TECHNOLOGY2Executive Summary3Advantage India 4Market Overview 6Growth Drivers17Opportunities and Developments29Key Industry Contacts35Appendix38Table of Contents3Executive summary543211.Huge talent poolWith a workforce of 5.8
2、million professionals,India accounts for 28%of the global Science,Technology,Engineering,and Mathematics(STEM)talent pool and 23%of the worldssoftware engineering professionals.India ishome to 34,000 technology startups,including3,600 deep-tech startups,driving innovation inartificialintelligence(AI
3、)andquantumcomputing.With over 1.8 lakh Department for PromotionofIndustryandInternalTrade(DPIIT)-recognized startups(as of June 30,2025),India ranks as the worlds third-largest startupecosystem.2.Policy frameworkPrimeMinisterMr.NarendraModiaddressedtheEmergingScience,Technology and Innovation Concl
4、ave(ESTIC)2025 and launched a Rs.1lakhcrore(US$11.30billion)Research,DevelopmentandInnovation(RDI)Scheme.Theschemeaimstopromoteprivatesector-led research and development,emphasizing high-risk and high-impactprojects.Thegovernmentisalsofocusing on ease of doing research,regulatoryreforms,andcreatinga
5、modern innovation ecosystem in thecountry.The draft STIP 2022 has envisioned tohave 30%participation of women inscience by 2030.3.Rising investmentWith more and more multinational companies setting up their Research&Development(R&D)centres in India,the sector has seen an uptrend in investment in rec
6、ent years.Foreign Direct Investment(FDI)up to 100%is permitted inthe domain of Satellites-Establishment and Operations.Union Budget 2025-26 allocated Rs.20,000 crore(US$2.33billion)forResearch,DevelopmentandInnovation,launched a Deep Tech Fund of Funds,and introduced a Rs.100 crore(US$11.67 million)
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