India's Science and Tech Revolution: From Labs to Market Impact

Union Minister Jitendra Singh highlights the pivotal role of technology-driven innovation in India's economic advancement. Emphasizing policy shifts, he underscores the transition of science from labs to markets, enhancing national development and global scientific standing through collaboration and indigenous research.

Union Minister Jitendra Singh emphasized the transformative impact of technology-driven innovation on India's economic growth during the 56th Foundation Day of the Department of Science and Technology (DST) at the Indian National Science Academy in New Delhi. He highlighted the shift from research to industrial applications as pivotal for national development.

The Minister pointed out recent policy changes opening sectors like space and nuclear energy to private investments, fostering a surge in startup-driven innovation. This approach has spurred advancements in satellite technologies, bolstering both economic growth and national security.

Singh called for enhanced collaboration among government, academia, and industry to further strengthen the innovation ecosystem. He stressed the significance of indigenous research and noted India's rising global scientific influence. Administrative reforms and stakeholder engagement remain crucial for sustained progress in science and technology.