View: Why India needs businesses, not the government, to lead R&D investment
Published on: Jan. 19, 2026, 11 p.m. | Source: The Economic Times
India's limited presence in global corporate R&D, with only 17 companies in the top 2,000 investors, highlights a critical structural imbalance. Dominated by public funding, the nation lags behind developed economies where private sector R&D drives innovation and global competitiveness. This needs a transition to a business-led ecosystem.
