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India's Tech Struggles: Urgent Call for Innovation Boost

4/27/2025

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Summary

Story summary

India's tech landscape is struggling to keep pace with China's rapid innovation, according to Commerce Minister Piyush Goyal. While startup funding is robust, the nation falls short in advanced manufacturing and AI, with R&D investment at a mere 0.64% of GDP. Experts urge the government to enhance support and resources to elevate India's technological prowess.

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Story summary

India's tech landscape is struggling to keep pace with China's rapid innovation, according to Commerce Minister Piyush Goyal. While startup funding is robust, the nation falls short in advanced manufacturing and AI, with R&D investment at a mere 0.64% of GDP. Experts urge the government to enhance support and resources to elevate India's technological prowess.