New Delhi, April 9 (IANS) Minister of State for Science and Technology, Dr Jitendra Singh, on Thursday called upon the private sector to step up participation in research and development (R&D), stressing that stronger industry engagement is key to building a robust innovation ecosystem in India.The minister said the government has taken several enabling measures, including opening up sectors such as space and nuclear energy to private players and introducing mechanisms like the Research, Dev…
Latest R&D News & Updates
New Delhi, April 6 (IANS) Global capability centres (GCCs) leasing in India reached a record 9.1 million square feet in the January-March period this year — the highest quarterly GCC absorption on record, a report showed on Monday.This comes against the backdrop of the country’s overall office sector registering a gross absorption of 20.7 million sq ft — the highest level recorded for any quarter, according to the report by CBRE South Asia Pvt Ltd.As compared to 19.7 million sq ft in Q1 2025…
New Delhi, March 18 (IANS) Around 65–68 per cent of the projected office supply in India during 2026–27 is expected to come up within integrated technology parks, a report showed on Wednesday.A report by CBRE said this suggested a rise from 54–58 per cent in 2024–25. India’s total office stock is also projected to cross the 1 billion sq ft mark this year.The report also noted that 2025 was the strongest year for the office market in terms of both leasing and supply.“Annual gross abso…
Bengaluru, Feb 25 (IANS) Job openings in the Indian semiconductor design global capability centres (GCCs) increased in the October-December period last year (Q4 2025), with November and December recording the strongest month-on-month uptick in job openings during the year, though hiring volumes remained below early-2025 levels, a report showed on Wednesday.According to Careernet’s ‘India’s Semiconductor Design GCC Talent Ecosystem-CY 2025’ report, an analysis of hiring data across the to…
New Delhi, Feb 23 (IANS) India’s GCC office market transition from cost‑cutting centres or back offices to global growth engines marks a watershed moment in the country’s economic history, a report said on Monday.The report from The Hindu said nearly 58 per cent of Global Capability Centres (GCCs) in India are investing heavily in Agentic AI, that can reason and execute complex tasks moving beyond experimentation to enterprise‑scale deployment.Indian GCCs now act as Centres of Excellence f…
New Delhi, Feb 9 (IANS) In the backdrop of the interim India-US trade agreement framework, India must prioritise trade openness and reforms to unlock long-term competitiveness, a new report showed on Monday.These priorities are correcting inverted duty structures, streamlining logistics and customs to cut input costs, fostering assembly-based manufacturing for scale and employment and reducing protectionism, expanding FTAs, boosting R&D, and easing land/labour/skills constraints, according t…
New Delhi, Feb 4 (IANS) European aerospace company Airbus on Wednesday announced the inauguration of a Centre of Excellence (CoE) for aerospace studies at the Gati Shakti Vishwavidyalaya (GSV) in Gujarat’s Vadodara to research into converting municipal waste into Sustainable Aviation Fuel (SAF).A key focus area of the CoE would be R&D into Sustainable Aviation Fuel and supporting student-led innovations in future aerospace technologies, the company said in a statement.The Centre aims to stre…
Seoul, Jan 28 (IANS) Hyundai Mobis, South Korea’s leading auto parts maker, said on Wednesday its fourth-quarter net profit dropped 39.9 percent from a year earlier due to losses from equity investment in group affiliates, as well as the effects of Washington’s sectoral tariffs.Net profit for the three months ended in December totalled 768.1 billion won (US$536.4 million), compared with 1.28 trillion won from the same period in 2024, the company said in a regulatory filing.Operating profit for t…
New Delhi, Jan 22 (IANS) Federation of Indian Export Organisations on Thursday urged the government to use the Union Budget 2026 to tackle cost competitiveness issues faced by exporters through customs duty rationalisation and tax incentives.FIEO proposed five measures ranging from customs duty rationalisation to support for domestic shipping lines and enhanced tax incentives for R&D.The industry body argued targeted fiscal support and policy certainty are essential as India competes for glo…
New Delhi, Jan 19 (IANS) While the Space Policy 2023 enabled private sector participation, the next critical step is to boost fiscal, regulatory, and structural support to accelerate growth and position India among the top three spacefaring nations, said the Indian Space Association (ISpA) on Monday.The Association also outlined key private space sector recommendations for government consideration, which can help enhance domestic manufacturing, enhance national security, create high-value jobs, …