Reforming R&D Incentives: A New Era for Indian Innovation

India must rethink R&D incentives to drive innovation. Deloitte’s insights reveal how tax reforms, private sector investment, and policy shifts can spark progress.

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Reforming R&D Incentives: Ushering in a New Era for Indian Innovation | by Nancyrathi | Mar, 2025 | Medium

The topography of Indian economy relies heavily on innovation as its lifeblood. However, India’s research and development (R&D) expenditures still lag behind, at only 0.65% of the country’s GDP. The…