Overview
- Union Minister Jitendra Singh called for CSIR, DBT, and DST labs to integrate efforts and engage with stakeholders, including industry and the public, to enhance innovation outcomes.
- The two-day Startup Conclave in Hyderabad showcased India's commitment to breaking research silos and fostering collaboration between government labs and private industry.
- India's science budget has increased by 230% over 11 years, supporting initiatives like the Aroma Mission, which has created over 3,000 agri-entrepreneurs earning significant livelihoods.
- Sectoral liberalization continues with the space and nuclear sectors opened to industry participation, reflecting a shift toward inclusive and demand-driven innovation.
- Dr. Singh underscored the importance of early industry co-investment in startups to ensure sustainability and alignment with socio-economic needs.