# India Must Boost R&D to Achieve Viksit Bharat

> India needs to increase R&D investment to reach its 2047 economic goals.
- Title: India Must Boost R&D to Achieve Viksit Bharat · mint
- Summary: India needs to increase R&D investment to reach its 2047 economic goals. India must significantly raise R&D spending to compete globally as it aims for…
- Keywords: india, viksit bharat, research and development, r&d investment, semiconductors, ai mission, quantum technologies, anusandhan national research foundation, narendra modi, prime minister, news, Must
- Source: mint — https://livemint.com/opinion/online-views/rd-imperative-india-must-match-innovation-aims-with-bold-public-financing-11792313415115.html
- Author: Vinod Dham,Namrata Rajagopal
- Published: 2026-10-19T07:00:40+00:00
- Read time: 1 min
- Topics: india, viksit bharat, research and development, r&d investment, semiconductors, ai mission, quantum technologies, anusandhan national research foundation, narendra modi, prime minister, news
## India's Viksit Bharat Vision
India aims to become the world's third-largest economy by 2047.
## R&D Investment Gap
India's R&D spending at $76 billion lags behind China's $786 billion in 2024.
## Public Investment Model
Taiwan invested in semiconductors to become a global chip leader producing 90% of advanced chips.
## US Innovation History
US foundational innovations like semiconductors and mRNA vaccines originated from strategic public funding.
## India's Startup Ecosystem
India raised over $160 billion in startups since Prime Minister Modi's leadership.
## AI Mission Funding
India's five-year AI Mission budget is less than OpenAI's monthly research spending.
## Three Systemic Shifts
India needs ecosystem integration, faster patent processes, and a risk-taking culture for innovation.
## Key takeaway

India must significantly raise R&D spending to compete globally as it aims for Viksit Bharat by 2047.