India, Science, and Technology within the 21st century India now ranks third in terms of the foremost attractive investment destinations for technology transactions globally, which definitely infers that scientific realms in India have progressed lots. within the 21st Century, India has found its place amongst the highest countries in research. for example, in space exploration, with its moon missions and Polar Satellite Launch Vehicle (PSLV), India has climbed up within the top League of Iroquois for space research globally.
According to the world innovation index (2020), India ranks 48th overall in terms of innovation and ranks amongst the highest 15 nations in Information and Communication Technology and R&D-intensive global companies. In terms of market size, the expenditure in research and development has reached US$ 96.50 billion in 2020, with almost 2% country’s GDP share.
India has introduced various funding policies that empower the state to boost its key strategic industries, including space, energy, and therefore the life sciences. Energy is one amongst India’s growing areas, which is currently receiving a substantial extent of focus. The Indian scientist has recently collaborated with the us on an Indo-US initiative called the alternative energy Research Institute for India (funded through the US-India Partnership to Advance Clean Energy. In terms of the burgeoning computing, India has made progress with the inception of the National AI Strategy (NITI Aayog), thereby paving the way for exploring the potential of computer science. Although we’ve got access to funding for scientific developments, education should also evolve simultaneously to enrich the scientific shooting. Programs like the Innovation in Science Pursuit for Inspired Research (INSPIRE) program has accelerated the expansion of quality scientists post-2000, thereby raising the question- ‘Can we improve this further?’ In India, a majority of the scholars go for technology instead of studying basic sciences thanks to the lucrative industrial career opportunities. India must work on this part to inspire and motivate young talents to require up basic sciences, thereby driving the country’s primary research thurst. The establishment of the Indian Institutes of Science Education and Research is one in all the efforts to nurture the fundamental sciences at both the undergraduate and graduate levels. Several universities ( for example, The University of Calcutta) offer post-BSc-B.Tech programs that aim to produce the scholars with both the perspectives of Science and technology. With the main target on Science, India is progressively marching towards becoming a world leader in industrialization and technological development. the arrival of nanotechnology in India shall also end in not only the biomedical sector but also the nuclear sector to evolve. India’s new plan, called Science, Technology, and Innovation Policy 2020, plans to market Science more effectively and experts-driven.