New Delhi, March 31 (IANS) India’s bioeconomy is approaching the $200 billion mark, which is a significant milestone in its evolution with a strong policy push and growing innovation pipeline signalling the next phase of growth, according to a report released on Tuesday.The report by Endiya Partners said that the nation’s bioeconomy has expanded sharply from around $10 billion in 2014 to over $195 billion in 2026, now contributing nearly 5 per cent to the GDP.India, long recognised as the ‘P…
Latest Development and Innovation Fund News & Updates
New Delhi, Feb 4 (IANS) Union Minister of State (Independent Charge) for Science & Technology Dr. Jitendra Singh on Wednesday launched the first open call of the Technology Development Board (TDB) under the Research, Development and Innovation (RDI) Fund.The Minister said that nearly 191 proposals have been received, with a significant majority coming from the private sector. “This response reflects growing confidence among private enterprises in the government’s commitment to support in…
New Delhi, Dec 25 (IANS) With large-scale funding for research and innovation, India’s science and technology (S&T) sector made a significant leap in 2025.The sector saw improvement in global rankings and advances in frontier technologies, semiconductor development, and AI-based missions.In 2025, the country rose to the 38th position among 139 economies in the World Intellectual Property Organization’s Global Innovation Index (GII) 2025. India made a big leap from 81st rank in 2015.Four In…