Objectives

  • Encouraging Private Sector Involvement: Incentivize active participation from industry players in cutting-edge research and innovation.
  • Promoting Strategic Technologies: Focus on mission-critical areas that are vital for national development and global competitiveness, including:
    • Energy security and transition, and climate action;
    • ‘Deep technologies’ including quantum computing, robotics and space;
    • Artificial intelligence and its applications to Indian problems including in agriculture, health, and education
    • Biotechnology, biomanufacturing, synthetic biology, pharma, and medical devices;
    • Digital economy including digital agriculture
  • Fostering Self-Reliance and Economic Security: Support technologies where indigenization is essential for strategic or economic reasons, in line with the vision of Atmanirbharta.
  • Ensure Flexibility in Sectoral Support: Allow support for any additional sectors or technologies deemed essential for public interest.