{"id":37993,"date":"2023-03-14T13:40:52","date_gmt":"2023-03-14T08:10:52","guid":{"rendered":"https:\/\/plyinsight.com\/?p=37993"},"modified":"2023-03-21T10:42:03","modified_gmt":"2023-03-21T05:12:03","slug":"indian-industry-must-raise-its-investment-in-in-house-rd-five-fold","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/indian-industry-must-raise-its-investment-in-in-house-rd-five-fold\/","title":{"rendered":"Indian Industry must raise its investment in in-house R&#038;D five-fold"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row\"><div class=\"wpb_column column_container col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #000000;\">Research and Development (R&amp;D) is a large global enterprise. The world invests a little over 2 per cent of gross domestic product (GDP) in R&amp;D. This spending is hugely concentrated. Of the $2 trillion spent on global R&amp;D, the top five (of over 180) countries &#8211; the Us, China, Japan, Germany and South Korea &#8211; account for three &#8211; quarters. In house spending by industry account for a little over two-thirds of all R&amp;D investment, with the balance split 60:40 between higher education and government laboratories. Within industry, the top five industries &#8211; pharmaceuticals, automobiles, technology hardware, software and electronics \u2013 account for 73 per cent of all industrial R&amp;D.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>India&#8217;s ranking-<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">On all these measures, India lags. <strong>As prominently advertised, we are now the world&#8217;s fifth largest economy. But in total R&amp;D investment we rank 16th,<\/strong> below Israel, a country with a GDP one-sixth ours, and a population under one &#8211; hundredth of ours. In-house R&amp;D by industry less even further behind, with $ 7 billion in investments and ranking 22nd between Poland and Singapore. The net effect is that Indian firms invest 0.3 per cent of GDP in in-house R&amp;D, compared to a world average of 1.5 per cent.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>What should be done<\/strong>&#8211; drive change in our industrial structure, use trade policy to force competition on our firms, and drastically reform our public research system.<\/span><\/p>\n<p><span style=\"color: #000000;\">1. What is the R&amp;D spend, as a per cent of sales? How does this compare with the top 10-20 firms in the same industry worldwide?<\/span><br \/>\n<span style=\"color: #000000;\">2. What role does export play? As per cent of turnover? What role do new products play in exports? A higher or lower share than the overall export share?<\/span><br \/>\n<span style=\"color: #000000;\">3. New products as a per cent of turnover? Do new products sell at a higher or lower gross margin than the average?<\/span><\/p>\n<p><span style=\"color: #000000;\">4. How many engineers\/scientists in R&amp;D? How does this compare with any of the top 10-20 firms in the industry worldwide?<\/span><\/p>\n<p><span style=\"color: #000000;\">Almost every firm overseas is struggling to recruit talent; we have an abundance of talent. Our fresh engineers need training and exposure, but the raw material is there. <strong>Foreign firms recognise our talent; of the 100 top investors in R&amp;D, two-thirds have R&amp;D centers in India.<\/strong><\/span><\/p>\n<hr \/>\n<p><a href=\"https:\/\/plyinsight.com\/hi\/placement-offered\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-34610\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-300x64.jpg\" alt=\"\" width=\"989\" height=\"211\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-300x64.jpg 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-1024x219.jpg 1024w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-768x164.jpg 768w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-18x4.jpg 18w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-600x128.jpg 600w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered.jpg 1440w\" sizes=\"auto, (max-width: 989px) 100vw, 989px\" \/><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><strong>\u092d\u093e\u0930\u0924\u0940\u092f \u0909\u0926\u094d\u092f\u094b\u0917 \u091c\u0917\u0924 \u0915\u094b \u0906\u0902\u0924\u0930\u093f\u0915 \u0936\u094b\u0927 \u090f\u0935\u0902<\/strong><br \/>\n<strong>\u0935\u093f\u0915\u093e\u0938 \u092e\u0947\u0902 \u0905\u092a\u0928\u093e \u0928\u093f\u0935\u0947\u0936 \u0915\u092e \u0938\u0947 \u0915\u092e \u092a\u093e\u0902\u091a \u0917\u0941\u0928\u093e \u092c\u095d\u093e\u0928\u093e \u0939\u094b\u0917\u093e<\/strong><\/p>\n<p><span style=\"color: #000000;\">\u0936\u094b\u0927 \u090f\u0935\u0902 \u0935\u093f\u0915\u093e\u0938 \u090f\u0915 \u092c\u095c\u093e \u0935\u0948\u0936\u094d\u0935\u093f\u0915 \u0909\u0926\u094d\u092f\u092e \u0939\u0948\u0964 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\u0915\u0940 \u0938\u094d\u0925\u093f\u0924\u093f-<\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">\u092d\u093e\u0930\u0924 \u0907\u0928 \u0938\u092d\u0940 \u092e\u094b\u0930\u094d\u091a\u094b\u0902 \u092a\u0930 \u092a\u0940\u091b\u0947 \u0939\u0948\u0964 <strong>\u091c\u0948\u0938\u093e \u0915\u093f \u092a\u094d\u0930\u091a\u093e\u0930\u093f\u0924 \u0915\u093f\u092f\u093e \u091c\u093e\u0924\u093e \u0939\u0948, \u0939\u092e \u0926\u0941\u0928\u093f\u092f\u093e \u0915\u0940 \u092a\u093e\u0902\u091a\u0935\u0940\u0902 \u092c\u095c\u0940 \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0939\u0948\u0902\u0964 \u092a\u0930\u0902\u0924\u0941 \u0936\u094b\u0927 \u090f\u0935\u0902 \u0935\u093f\u0915\u093e\u0938 \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u0947 \u092e\u093e\u092e\u0932\u0947 \u092e\u0947\u0902 \u0939\u092e 16 \u0935\u0947\u0902 \u0938\u094d\u0925\u093e\u0928 \u092a\u0930 \u0939\u0948\u0902\u0964<\/strong> \u092f\u0939\u093e\u0902 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\u0926\u0947\u0928\u093e \u0939\u094b\u0917\u093e, \u0905\u092a\u0928\u0940 \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u092a\u0930 \u092a\u094d\u0930\u0924\u093f\u0938\u094d\u092a\u0930\u094d\u0927\u0940 \u0939\u094b\u0928\u0947 \u0915\u093e \u0926\u092c\u093e\u0935 \u092c\u0928\u093e\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u0928\u0940\u0924\u093f \u0915\u093e \u0907\u0938\u094d\u0924\u0947\u092e\u093e\u0932 \u0915\u0930\u0928\u093e \u0939\u094b\u0917\u093e \u0924\u0925\u093e \u0938\u093e\u0930\u094d\u0935\u091c\u0928\u093f\u0915 \u0936\u094b\u0927 \u092a\u094d\u0930\u0923\u093e\u0932\u0940 \u092e\u0947\u0902 \u092a\u0930\u093f\u0935\u0930\u094d\u0924\u0928 \u0915\u0930\u0928\u093e \u0939\u094b\u0917\u093e\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">1. \u0936\u094b\u0927 \u090f\u0935\u0902 \u0935\u093f\u0915\u093e\u0938 \u0915\u093e \u0935\u094d\u092f\u092f \u0915\u094d\u092f\u093e \u0939\u0948? 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\u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u092e\u0947\u0902 \u0928\u090f \u0909\u0924\u094d\u092a\u093e\u0926\u094b\u0902 \u0915\u0940 \u0915\u094d\u092f\u093e \u092d\u0942\u092e\u093f\u0915\u093e \u0939\u0948? \u0915\u0941\u0932 \u0930\u093e\u091c\u0938\u094d\u0935 \u0939\u093f\u0938\u094d\u0938\u0947\u0926\u093e\u0930\u0940 \u0938\u0947 \u0905\u0927\u093f\u0915 \u092f\u093e \u0915\u092e?<\/span><br \/>\n<span style=\"color: #000000;\">3. \u091f\u0930\u094d\u0928\u0913\u0935\u0930 \u092e\u0947\u0902 \u0928\u090f \u0909\u0924\u094d\u092a\u093e\u0926\u094b\u0902 \u0915\u093e \u092a\u094d\u0930\u0924\u093f\u0936\u0924? \u0915\u094d\u092f\u093e \u0928\u090f \u0909\u0924\u094d\u092a\u093e\u0926 \u0914\u0938\u0924 \u0938\u0947 \u0905\u0927\u093f\u0915 \u092e\u093e\u0930\u094d\u091c\u093f\u0928 \u092a\u0930 \u092c\u093f\u0915\u0924\u0947 \u0939\u0948\u0902 \u092f\u093e \u0915\u092e?<\/span><\/p>\n<p><span style=\"color: #000000;\">4. \u0936\u094b\u0927 \u090f\u0935\u0902 \u0935\u093f\u0915\u093e\u0938 \u092e\u0947\u0902 \u0915\u093f\u0924\u0928\u0947 \u0907\u0902\u091c\u0940\u0928\u093f\u092f\u0930 \u0914\u0930 \u0935\u0948\u091c\u094d\u091e\u093e\u0928\u093f\u0915 \u0932\u0917\u0947 \u0939\u0948\u0902? \u0935\u0948\u0936\u094d\u0935\u093f\u0915 \u0909\u0926\u094d\u092f\u094b\u0917\u094b\u0902 \u0915\u0940 10-20 \u0936\u0940\u0930\u094d\u0937 \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0938\u0947 \u0907\u0938\u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u0915\u0947 \u0928\u0924\u0940\u091c\u0947 \u0915\u094d\u092f\u093e \u0939\u0948\u0902?<\/span><br \/>\n<span style=\"color: #000000;\">\u0935\u093f\u0926\u0947\u0936\u094b\u0902 \u092e\u0947\u0902 \u0932\u0917\u092d\u0917 \u0939\u0930 \u0915\u0902\u092a\u0928\u0940 \u092a\u094d\u0930\u0924\u093f\u092d\u093e\u0913\u0902 \u0915\u094b \u091c\u0941\u091f\u093e\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0938\u0902\u0918\u0930\u094d\u0937 \u0915\u0930 \u0930\u0939\u0940 \u0939\u0948\u0964 \u0939\u092e\u093e\u0930\u0947 \u092a\u093e\u0938 \u092a\u094d\u0930\u0924\u093f\u092d\u093e\u090f\u0902 \u092a\u094d\u0930\u091a\u0941\u0930 \u092e\u093e\u0924\u094d\u0930\u093e \u092e\u0947\u0902 \u0939\u0948\u0902\u0964 \u0939\u092e\u093e\u0930\u0947 \u0928\u090f \u0907\u0902\u091c\u0940\u0928\u093f\u092f\u0930\u094b\u0902 \u0915\u094b \u092a\u094d\u0930\u0936\u093f\u0915\u094d\u0937\u0923 \u0914\u0930 \u0915\u093e\u092e \u0915\u0947 \u0905\u0935\u0938\u0930 \u0915\u0940 \u091c\u0930\u0942\u0930\u0924 \u0939\u0948\u0964 <strong>\u0935\u093f\u0926\u0947\u0936\u0940 \u0915\u0902\u092a\u0928\u093f\u092f\u093e\u0902 \u0939\u092e\u093e\u0930\u0940 \u092a\u094d\u0930\u0924\u093f\u092d\u093e\u0913\u0902 \u0915\u094b \u092a\u0939\u091a\u093e\u0928\u0924\u0940 \u0939\u0948\u0902\u0964 \u0907\u0938\u0932\u093f\u090f \u0926\u0941\u0928\u093f\u092f\u093e \u092d\u0930 \u0915\u0947 \u092a\u094d\u0930\u092e\u0941\u0916 100 R&amp;D \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902 \u092e\u0947\u0902 \u0938\u0947 \u0926\u094b \u0924\u093f\u0939\u093e\u0908 \u0915\u093e R&amp;D \u0938\u0947\u0902\u091f\u0930 \u092d\u093e\u0930\u0924 \u092e\u0947\u0902 \u0939\u0948\u0964<\/strong><\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row\"><div class=\"wpb_column column_container col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_raw_code wpb_raw_html wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<html>\n<head>\n<\/head>\n<body>\n  <marquee behavior=\"scrolling\" direction=\"left\" scrollamount=\"3\" seamless>\n    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n  <\/marquee>\n<\/body>\n<\/html>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"Research and Development (R&amp;D) is a large global enterprise. The world invests a little over 2 per cent of gross domestic product (GDP) in R&amp;D. This spending is hugely concentrated. Of the $2 trillion spent on global R&amp;D, the top five (of over 180) countries - the Us, China, Japan, Germany and South Korea - [...]","protected":false},"author":1,"featured_media":37995,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4120],"tags":[3555,2626,4172,4200],"class_list":["post-37993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-march-articles-2023","tag-indian-industry","tag-investing","tag-investor","tag-research-and-development"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Indian Industry must raise its investment in in-house R&amp;D five-fold - PLY INSIGHT<\/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:\/\/plyinsight.com\/hi\/indian-industry-must-raise-its-investment-in-in-house-rd-five-fold\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Industry must raise its investment in in-house R&amp;D five-fold - 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