Sunday, 2 November, 2025
India's ₹1 Lakh Crore R&D Fund for Private AI, Deeptech
Prime Minister Narendra Modi will launch the ₹1 lakh crore Research, Development, and Innovation (RDI) scheme on November 3. This landmark fund is designed to cultivate a strong, private sector-led R&D ecosystem in India, with a focus on areas like Artificial Intelligence and deeptech. It will provide long-term, low-interest loans or equity to both startups and large companies, aiming to significantly boost private R&D investment across the country.
Read full story at Economic Times