Prime Minister Narendra Modi inaugurated the Emerging Science, Technology and Innovation Conclave 2026, highlighting India’s shift from adopting foreign technologies to creating indigenous solutions for global challenges. He cited achievements in various sectors, including the achievement of First Criticality by a 500-Megawatt Prototype Fast Breeder Reactor to strengthen nuclear energy capabilities, milestones in space technology, and advancements in semiconductors and artificial intelligence.
According to the Prime Minister, nearly twelve thousand crore rupees have been committed by the government towards technologies transitioning from laboratories to markets under the Anusandhan National Research Foundation. With an equal matching investment from the private sector, a total commitment of twenty-four thousand crore rupees has been made towards research and development within a year. Annual patent applications have also increased from under fifty thousand a decade ago to nearly one hundred and fifty thousand last year.
Source
Press Information Bureau, Government of India, “English rendering of PM’s address during inauguration of the Emerging Science, Technology and Innovation Conclave 2026”. Read the original release.
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