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Today›30 July 2026
Economy

India’s R&D spending crosses 0.8% of GDP for first time since 2010

India's gross expenditure on research and development crossed 0.8% of GDP for the first time since 2009-10, official data showed. The figures reveal a structural shift: private industry's share rose from 45.5% of national R&D spending in 2021-22 to 51.8% in 2023-24 — the first time businesses out-spent all levels of government combined on research.

Nabka Insight

The R&D-to-GDP ratio and the public-private research split are common economy questions.

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Key facts

  • R&D spending crossed 0.8% of GDP, a level last seen in 2009-10.
  • Private industry's share was 45.5% in 2021-22.
  • It rose to 51.8% in 2023-24.
  • Businesses now spend more than all government combined.

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