India’s technological growth, Prime Minister Narendra Modi launched the ₹1 lakh CRORE
New Delhi, India – In a significant move to accelerate India’s technological growth, Prime Minister Narendra Modi launched the ₹1 lakh crore Research, Development, and Innovation (RDI) Scheme Fund at the ESTIC 2025 conclave. PM Modi referred to this initiative as a “historic investment in minds, not machines,” underscoring India’s vision to become a global leader in groundbreaking technologies by the year 2047.
The RDI Fund is poised to catalyze major advancements in critical sectors such as artificial intelligence (AI), quantum computing, biotechnology, semiconductors, space exploration, defense technology, and clean energy. This ambitious scheme aligns with India’s long-term strategy to transform itself into an innovation hub and bolster its position in the global tech ecosystem.
PM MODI-India’s Path to Becoming a Global Innovation Powerhouse
India’s new RDI Scheme Fund is expected to not only boost homegrown technological advancements but also attract international collaboration, investment, and expertise. By fostering a conducive environment for research and innovation, India aims to bridge the gap in cutting-edge technologies and create sustainable, future-ready industries.
With the launch of this scheme, India is set to redefine its role on the world stage, emerging as a powerhouse in high-tech sectors, advancing research, and producing next-generation solutions to meet global challenges.
PM Modi’s Announcement:
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₹1 Lakh Crore Investment: The new fund, a landmark initiative by the Indian government, aims to support research and development efforts across high-growth technology sectors.
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Focus on Cutting-edge Technologies: Key areas such as AI, quantum computing, biotechnology, semiconductors, defense tech, space exploration, and clean energy will see significant investments, driving breakthroughs and fostering global competitiveness.
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Empowering Minds, Not Machines: PM Modi emphasized that the focus of this initiative will be on nurturing human intellect and creativity, positioning India as a global leader in knowledge and innovation.
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