The expenditure on higher education R&D in India as a percentage of GDP is forecasted to gradually increase from 0.053 in 2024 to 0.056 in 2028. Prior to this, the expenditure had steadily risen up to 0.052 in 2023. The predicted year-on-year growth rates indicate modest but consistent increases in percentage of GDP devoted to R&D, with a compound annual growth rate (CAGR) now showing a promising upward trajectory.

Future trends to watch for include:

Potential policy reforms aimed at boosting R&D investment within higher education sectors.
Increased collaboration between academic institutions and the private sector to enhance research capabilities.
Innovations in funding mechanisms that could further influence future R&D expenditure levels.