A special session was held to discuss India’s Research and Development (R&D) expenditure eco-system report during the launch of Global Innovation Index (GII) – 2019 in New Delhi.
The report has been compiled by PMEAC.
India invests a meagre 0.6% to 0.7% of GDP in R & D.
This is much below the expenditure of countries like the US (2.8), China (2.1), Israel (4.3) and Korea (4.2).