{"id":997169,"date":"2026-03-10T07:39:14","date_gmt":"2026-03-10T02:09:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=997169"},"modified":"2026-03-10T07:50:22","modified_gmt":"2026-03-10T02:20:22","slug":"india-needs-to-raise-rd-spending-to-3-to-boost-innovation-siemens-sunil-mathur","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/10\/india-needs-to-raise-rd-spending-to-3-to-boost-innovation-siemens-sunil-mathur\/","title":{"rendered":"India needs to raise R&amp;D spending to 3% to boost innovation: Siemens&#8217; Sunil Mathur"},"content":{"rendered":"<p>NEW DELHI: A multinational&#8217;s top executive said that to boost domestic innovation and achieve the vision of Viksit Bharat (Developed India) 2027, the country needs to increase spending on research and development (R&amp;D) from 0.6% to at least 3%. <\/p>\n<p>&#8220;If we have to be a developed country, innovation will play a central role. We have to play the central role in our growth story. We will need to go from under one percent or 0.6%, to close to 3%, which is the bare minimum that some of the global countries are already doing to be leaders in the areas of manufacturing, infrastructure, and so on,&#8221; Sunil Mathur, Managing Director and Chief Executive Officer, Siemens India, said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: A multinational&#8217;s top executive said that to boost domestic innovation and achieve the vision of Viksit Bharat (Developed India) 2027, the country needs to increase spending on research and development (R&amp;D) from 0.6% to at least 3%. &#8220;If we have to be a developed country, innovation will play a central role. We have to play the central role in our growth story. We will need to go from under one percent or 0.6%, to close to 3%, which is the bare minimum that some of the global countries are already doing to be leaders in the areas of [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-997169","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/997169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=997169"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/997169\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=997169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=997169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=997169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}