Phase IFoundation
Background
Overview
Crucial for fostering innovation, promoting self-reliance (Atmanirbhar Bharat), boosting economic growth through R&D utilization, creating startups and employment, and enhancing India's global competitiveness in technology.
India has established robust institutional and national frameworks to facilitate the commercialization and transfer of technologies developed by government laboratories and research institutions, aiming to bridge the gap between R&D and market application. These mechanisms are crucial for translating scientific advancements into economic value and societal benefit, aligning with national goals of innovation and self-reliance.