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Sahil Bhat asked a question
Subject: Science, asked on on 18/7/18
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Subject: Science, asked on on 28/6/20
India ranks third among the most attractive investment destinations for technology transactions in the world. Dr Harsh Vardhan, Union Minister of Department of Science & Technology, has reiterated that technology is a strong priority area for the government and it aims to make people science-centric. Modern India has had a strong focus on science and technology, realising that it is a key element of economic growth. India is among the topmost countries in the world in the field of scientific research, positioned as one of the top five nations in the field of space exploration. The country has regularly undertaken space missions, including missions to the moon and the famed Polar Satellite Launch Vehicle (PSLV).



India ranks second in terms of contribution to high-quality scientific research. ^ It is among the world?s top 10 nations in the number of scientific publications. Position-wise, it is ranked 17th in the number of citations received and 34th in the number of citations per paper across the field of science and technology (among nations publishing 50,000 or more papers). The country is ranked ninth globally in the number of scientific publications and 12th in the number of patents filed.


India has been ranked as the top exporter of information and communication technology (ICT) services and second in innovation quality in 2017#. The country has moved up six places to 60th position in the Global Innovation Index (GII).



The Government of India is extensively promoting research parks technology business incubators (TBIs) and (RPs) which would promote the innovative ideas till they become commercial ventures.


India?s Engineering R&D (ER&D) Globalization and Services market reached US$ 22.3 billion in 2016 and is set to rise to US$ 38 billion by 2020.* India has a total of 25 innovation centres in the country and has been ranked as the top innovation destination in Asia and second in the world for new innovation centres, according to a Capgemini report. The country accounts for 27 per cent of Asia?s new innovation centres.

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