India’s estimated gross expenditure on R&D in current prices grew 17.0% in 2012 to INR 72,620.44 crores ($13.6 billion) to make up 0.88% of GDP. R&D expenditures by the central sector, which consisted of central government departments and public sector/joint sector companies, accounted for 59% of total R&D expenditures and grew 16.0%. Private sector R&D spending grew 19.8% to account for 30%. The state sector, consisting of state-level organizations, and the higher education sector accounted for 7% and 4% of R&D expenditures in 2012, with growth of 14.8% and 15.8%, respectively. In 2013, R&D spending by the Department of Science and Technology and the Department of Biotechnology are estimated to grow 0.4% and 9.9% to INR 2175.00 crores and INR 1300.00 crores, respectively. R&D expenditure by the Department of Scientific and Industrial Research/Council of Scientific and Industrial Research is expected to decline 15.0% to INR 1555.00 crores.

Source: Ministry of Science and Technology