1) Sparking R&D revolution [CAPTION]Sangeet Kumar, co-founder and CEO, Addverb Technologies Image: Madhu Kapparath[/CAPTION] India’s current R&D spending lags global averages at just 0.6–0.7 percent of GDP, and private capex on innovation barely scratches one percent of net sales. The new $12 billion Research, Development & Innovation (RDI) scheme could be a landmark moment if it’s executed wisely. Backed by the Anusandhan National Research Foundation, the multi-year fund is structured ...
