印度科技产业分析（11月）（英文）.docx

SCIENCE AND TECHNOLOGY
Table of Content
Executive Summary 3
Advantage India 4
Market Overview 6
Growth Drivers 19
Opportunities 28
anisations 33
Useful Information 35
Large consumer base
EXECUTIVE SUMMARY
Huge talent pool
Third largest technical manpower in the world.
162 universities awarding 4,000 doctorates and 35,000 postgraduate degrees.
Global share in scientific publications rising at a CAGR of ~12 per cent.
India ranks 8th in the world in terms of number of students graduating in science and engineering stream.
Policy framework
Policies aimed at projecting India as a Science and Technology powerhouse and promoting both public and private sector involvement in the R&D practice.
Women Scientific programme to expose women more and more towards research.
Rising investments
With more and more panies setting up their R&D centres in India, the sector has seen an uptrend in investments in recent years.
Under the Union Budget 2018-19, the Department of Space, Government of India has been allocated Rs
billion (US$ billion) for 2018-19, which includes Rs billion (US$ billion) for research and development in the areas of spacecraft and launch vehicle manufacturing.
With a Rs lakh crore (US$ trillion) economy in FY18 and per capita e of over Rs 126,043 (US$ 1,) in FY18, India presents a unique opportunity panies to tap the huge consumer base demanding technologically advanced products.
Demand for cheap and durable products that could meet the local requirements drives the need for innovation.
Source: RBI, India Budget
Science and Technology
ADVANTAGE INDIA
ADVANTAGE INDIA
Rising e and evolving lifestyles have led to higher demand for aspirational products.
panies’ investments in R&D is not surprising given the importance of innovation to petition.
Indian players are set to benefit from expiration of patents.
Expanding middle class and increasing affordability are demand drivers for technologically a