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India’s Private Sector Leads R&D Spending for the First Time.

India’s Private Sector Leads R&D Spending for the First Time.

India's private sector has surpassed the government in research and development (R&D) spending for the first time, contributing 51.8% of the record ₹2.45 lakh crore invested in FY25. This milestone reflects growing industry-led innovation, stronger corporate commitment to technology, and a significant shift toward private-sector-driven economic growth and global competitiveness.

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