An innovation game changer
India’s ambition to lead in cutting-edge sectors like artificial intelligence, quantum computing, biotech, and advanced manufacturing needs a critical enabler—capital that matches the long, risky, and often uncertain journey of research and innovation.While talent and ideas are abundant, India requires an institutional mechanism to finance high-risk, high-impact research and development (R&D), particularly in the private sector. The government’s Rs 1-lakh crore Research and Development Innovation Fund (RDIF) is among the most ambitious initiatives to have been launched to support deep-tech and frontier innovation.
