{"id":84707,"date":"2025-11-05T00:00:00","date_gmt":"2025-11-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/"},"modified":"2025-11-05T00:00:00","modified_gmt":"2025-11-05T00:00:00","slug":"modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/","title":{"rendered":"Modi unveils USD 12 bn fund to back deeptech and research-led growth"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Modi unveils USD 12 bn fund to back deeptech and research-led growth<\/strong><strong>: <\/strong>Prime Minister Narendra Modi launched a new INR 1 tn (USD 12 bn) Research, Development, and Innovation (RDI) fund to scale private-sector-led research and tech innovation, as per a <a target=\"_blank\" href=\"https:\/\/dst.gov.in\/rdi-scheme\/research-development-and-innovation-rdi-cell\" style=\"\" rel=\"noopener\">press release<\/a>. The initiative will institutionalize financing for innovation under the Department of Science and Technology of the government and Anusandhan National Research Foundation, a government body developing strategy for research and scientific innovation. Focus areas include energy transition, space, biotech, robotics, AI, and quantum computing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How the fund works: <\/strong>The fund will deploy long-term, low, or zero-interest loans and equity infusions for high-impact research and startups. This will take place via alternate investment funds, development finance institutions, non banking financial companies, and research-focused bodies of the Indian government such as the Technology Development Board and the Biotechnology Industry Research Assistance Council. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>India\u2019s current R&D spending \u2014 a trickle compared to other major emerging markets \u2014 is at 0.6% of the country\u2019s GDP compared to 2.4% in China. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fund aims to deepen India\u2019s sovereign tech capabilities and boost R&#038;D spending beyond the current 0.6% of the country\u2019s GDP<\/p>\n","protected":false},"author":1,"featured_media":84708,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2475],"tags":[2402,2474,2467],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-policy","tag-enterpriseam-india","tag-narendra-modi","tag-policy","wpautop","entry"],"acf":{"mongo_id":"0c0924ec-b763-454f-b46d-c9975b776b56","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/623.jpg","photo_position":"above","homepage_title":"","full_issue_title":"New USD 12 bn RDI fund aims to close India\u2019s research financing gap","related_issue":[84693],"teaser":"The fund aims to deepen India\u2019s sovereign tech capabilities and boost R&D spending beyond the current 0.6% of the country\u2019s GDP","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.ed9d0383-1b66-43d3-9978-bf28555a63d9.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Modi unveils USD 12 bn fund to back deeptech and research-led growth - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/11\/05\/modi-unveils-usd-12-bn-fund-to-back-deeptech-and-research-led-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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