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India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: Report

India's manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing share, India aims to increase R&D expenditure to 2% by 2035, requiring greater private sector involvement and stronger inno…

By PTI· The Times of India· 5 months ago· 2 min read
India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: Report