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India's ₹1 lakh crore RDI scheme supercharges private R&D

Business

India just rolled out a massive ₹1 lakh crore RDI Scheme to supercharge private R&D in cutting-edge fields like quantum tech, semiconductors, and AI.
The goal? Make India more self-reliant in tech and give homegrown innovation a serious boost.

Scheme backs advanced projects in quantum tech, semiconductors, and AI

The RDI Scheme is backing advanced projects—think quantum computing, next-gen chip design, and edge AI tools—plus practical uses of AI in health, education, and farming.
It focuses on supporting Indian-made hardware and responsible tech rollouts.

It aims to help India become a global leader in deep-tech

Startups and companies can get long-term financing support for risky, high-impact ideas.
By plugging funding gaps, the scheme aims to help India become a global leader in deep-tech innovation.