Particle.news
Download on the App Store

India Accelerates Industry–Academia Tie-Ups as Government Details Rs 1 Lakh Crore RDI Fund

The minister outlined how the new Rs 1 lakh crore RDI Fund will steer capital to near‑market research through ANRF with professional fund managers.

Overview

  • At a Panchkula roundtable, Dr. Jitendra Singh briefed stakeholders on the RDI Fund’s structure, with ANRF as custodian and deployment via selected fund managers such as AIFs, DFIs, TDB and BIRAC.
  • The scheme will back high‑impact projects close to commercialization in clean energy, AI, biotechnology, deep‑tech manufacturing, semiconductors and the digital economy using long‑term loans or equity support.
  • He urged industry, investors and researchers to engage with the program, stressing outcomes, jobs and technological capability as success measures and inviting feedback as the fund is operationalized.
  • At the CII summit in New Delhi, he called industry‑academia collaboration the sole option for growth, released the CII Partnership Compendium 2025 and highlighted expanded private roles in space and nuclear with government as facilitator.
  • Reliance and HUL executives warned of a widening research‑to‑application gap, citing weak interaction, human‑infrastructure limits and co‑funding gaps, and pressed for clearer tax rules, supportive GCC policy and stronger IP frameworks.