Forecast: R&D Expenditure in India

The R&D expenditure in India is forecasted to remain relatively stable as a percentage of GDP, standing at 0.64% from 2024 to 2026, before slightly decreasing to 0.63% from 2027 to 2028. The data suggests a minor decline when compared year-on-year from 2026 to 2028. Currently, there is no attributed percentage variation available for analysis. With these figures, the historical context indicates minimal change in investment levels relative to the economy's size.

Future trends to watch for include potential policy shifts aimed at boosting R&D funding, increased private sector involvement, and global collaborative efforts, notably in technology and healthcare sectors, which could potentially influence the expenditure pattern.

Top Countries about Research And Development