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24<br />

Science and Technology Research Players in India<br />

The government has taken up several initiatives to create models favoring PPP in R&D, and to<br />

create a robust infrastructure for innovation. Trade Associations play a crucial role in influencing<br />

the companies in their network to support and participate in government initiatives. Building<br />

and promoting regional technology-focused clusters has become beneficial.<br />

Governments, academia, research institutions and corporates are promoting S&T collaborations<br />

at international levels, encouraging innovative frameworks for partnerships. Such global<br />

approaches when integrated with National Policy frameworks enable mobility of scientific and<br />

technological faculties which can yield mutually beneficial outcomes through collaborative<br />

advantages.<br />

India has strong intellectual resources in terms of large and competent scientific establishments.<br />

India boosts some of the best research facilities in all the key S&T sectors be it, Health, Energy,<br />

Information Technology, Biotechnology, Space, Transport, etc. In addition to the renowned<br />

autonomous institutions like the IITs and the IISc, there are thousands of engineering colleges<br />

with a total intake of over more than 500,000 that are key knowledge resources of the country.<br />

India is emerging as a favored Knowledge Processing Outsourcing (KPO) destiny in the world.<br />

Significantly, the large talent pool across diverse areas of science, technology and management<br />

prevalent in India, along with robust academic and research infrastructure and progressive<br />

policy environment is spurring scientific and industrial R&D activities in the country and<br />

increasingly making it a sought after country among global corporations for off-shoring their<br />

R&D needs.<br />

Having declared the Years 2010-2020 as the ‘Decade of Innovation’, the Government of India<br />

is taking every step possible to make this programme successful. Policy reforms, new funding<br />

schemes and programmes promoting PPP, international collaborations, technology transfers,<br />

applied R&D, academia-industry linkages, cluster development, rural innovations and skill<br />

development are significant steps towards India becoming one of the super powers in research<br />

and innovation in the decades to come.<br />

EUROPEAN BUSINESS AND TECHNOLOGY CENTRE

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