Perspective: Emerging and critical tech for India | 11 February, 2024
Summary
TLDRThe special program on Sunet TV, hosted by Manish Kumar, delves into India's strategic approach towards emerging and critical technologies in the context of the 2024 budget. With the nation's ambition to become a $7 trillion economy by 2030, the discussion emphasizes the importance of advanced technology in various sectors, including quantum technologies, AI, semiconductors, clean energy, and biomanufacturing. The conversation features Dr. A. A. Karandikar, Secretary of the Department of Science and Technology, and Dr. Aay Kumar, a former defense secretary, who share insights on the government's comprehensive plan to spur R&D and the need for increased private sector involvement. They discuss the role of the National Research Foundation in incentivizing private sector R&D, the success of the iDEX model in supporting startups, and the challenges of integrating academia, industry, and government in R&D endeavors. The speakers also highlight the significance of the government's announcement of a 1,000 crore fund to transition India from a service economy to a product nation, and the importance of improving research standards in academia to bolster the country's technological capabilities.
Takeaways
- 🚀 **Ambition for a $7 Trillion Economy**: India aims to reach a $7 trillion economy by 2030, highlighting the importance of embracing smart and advanced technology.
- 📈 **National Priorities**: The Indian government has identified Quantum Technologies, AI, semiconductors, green hydrogen economy, and biomanufacturing as key sectors for R&D and national missions.
- 💡 **Innovation Ecosystem**: India has been focusing on its strengths in software, data analytics, and AI to drive innovation, moving away from a dependency on imported technology.
- 🛰️ **Space Technology**: There is significant interest and innovation in the space sector, with advancements in launch, satellite, payload, ground station, and analysis technologies.
- 💼 **Private Sector Involvement**: To scale up R&D, the private sector needs to increase its spending, which is currently lower compared to global players like the U.S. and Korea.
- 🤝 **Public-Private Partnership (PPP)**: The government is looking to innovate with PPP models similar to those used in infrastructure development to boost private sector participation in R&D.
- 🏆 **National Research Foundation (NRF)**: The NRF has been established to incentivize and enhance private sector funding for R&D, with the government co-funding projects alongside the industry.
- 📚 **Academic and Industry Synergy**: There is a need to create harmony between academia and industry to leverage the capabilities of both sectors in R&D and innovation.
- 🌟 **Ownership and Recognition**: India needs to develop a culture of respecting and owning its own products, as seen with the successful development of the COVID-19 vaccine.
- 💎 **Global Standards**: India has the potential to create global standards, as evidenced by essential patents in telecommunications, and should celebrate and encourage its innovation and R&D culture.
- 📉 **R&D Spending**: India's R&D spending as a percentage of GDP is lower than the global average, indicating a need to increase investment to become a global technology player.
Q & A
What is the ambition of India's economy by 2030?
-India aims to reach a GDP of USD 7 trillion by 2030.
What is the importance of embracing advanced technology for India's development?
-Advanced technology is imperative for India to build a greater economy and is addressed under the national mission as part of various policies.
What is the role of the Department of Science and Technology (DST) in India's R&D initiatives?
-The DST is piloting a major national mission on Quantum Technologies, which is one of the critical and emerging sectors prioritized by the country.
What are some of the critical and emerging technology sectors that India is focusing on?
-India is focusing on Quantum Technologies, artificial intelligence (AI), semiconductors, clean energy (particularly green hydrogen), and biomanufacturing and bioeconomy.
How is India addressing the development of defense and military technologies?
-India has been dependent on imported technology but is now fostering an innovation ecosystem, with a focus on areas where the country has natural strengths, such as software, data analytics, and AI.
What is the significance of the National Research Foundation (NRF) in India's R&D landscape?
-The NRF is set up to incentivize and enhance funding from the private sector for R&D support, with the government co-funding R&D projects along with the industry.
What is the current state of private sector R&D spending in India compared to the global average?
-Globally, 2-3% of GDP is spent on R&D, with 70-80% of this coming from the private sector. In India, only about 30-40% of R&D spending comes from the private sector.
How does the Indian government plan to scale up R&D beyond the government realm?
-The government is looking to create an environment where the private sector can increase its R&D spending, supplementing government efforts, and incentivizing entrepreneurs and startups.
What is the iDEX model, and how has it been successful in India?
-The iDEX model is an initiative that provides support to startups working in deep tech areas and critical and emerging technologies. It has been successful in incentivizing private sector participation and innovation in defense technology.
What are the challenges faced by India in the area of semiconductor and chip-making?
-India faces challenges such as dependence on imported semiconductors and chips, which is also a security concern. The country needs to develop its ecosystem for chip design and manufacturing to achieve self-sufficiency.
How does the Indian government plan to address the lack of high-standard research in academia?
-The government recognizes the need to boost the research and R&D ecosystem in tier 2 and tier 3 universities and colleges. Initiatives like the NRF aim to fund these institutions and create a hub-and-spoke model to enhance their capacity.
Outlines
📈 India's Ambitious Tech Agenda for a $7 Trillion Economy
The video begins with a discussion on India's strategic push towards advanced technology as part of its goal to become a $7 trillion economy by 2030. The government's comprehensive plan includes the establishment of a national mission and policies to spur R&D in emerging tech sectors. The focus is on Quantum Technologies, AI, semiconductors, clean energy, and biomanufacturing, with a significant emphasis on defense technology innovation and the need for long-term funding for R&D.
🚀 Prioritizing Innovation in Defense and Space Technology
The conversation continues with a focus on defense and space technology as key areas of innovation. The importance of developing indigenous capabilities in defense technology is highlighted, along with the potential for space technology advancements. The speakers discuss the need to support areas where India is seeing a critical mass of innovation and the role of government in creating an environment conducive to R&D.
🤝 Public-Private Partnerships in R&D and the PPP Model
The paragraph discusses the potential of Public-Private Partnerships (PPP) in R&D, drawing parallels with the successful implementation of the PPP model in infrastructure development. The speakers emphasize the need to incentivize private sector participation in R&D and the importance of leveraging the capabilities of various stakeholders, including academia and industry, to foster a culture of innovation.
💼 The Role of the Private Sector in R&D and National Innovation
The discussion shifts towards the role of the private sector in R&D, with a focus on the need for increased private sector spending on R&D as a percentage of GDP. The establishment of the National Research Foundation (NRF) is mentioned as a step towards incentivizing private sector funding for R&D projects. The speakers also touch upon the importance of creating a culture that respects and values indigenous products and technologies.
🏭 Transforming India into a Product Nation through Semiconductors
The speakers delve into the importance of semiconductors and chip-making for India's technological advancement. They discuss India's strengths in chip design and the need for substantial investments in semiconductor fabs. The government's commitment to supporting this sector is highlighted, with a mention of the announcement of a significant funding commitment to transform India from a service economy to a product nation.
🎓 Strengthening Research and Academia for Technological Advancement
The final paragraph addresses the challenges in academia related to the quality and quantity of R&D personnel in India. The National Education Policy and the NRF's role in enhancing the R&D ecosystem, particularly in tier 2 and tier 3 institutions, are discussed. The concept of a hub-and-spoke model is proposed to improve the capacity of these institutions and make them competitive on a global scale.
Mindmap
Keywords
💡Quantum Technologies
💡Artificial Intelligence (AI)
💡Semiconductors
💡Green Hydrogen Economy
💡Biomanufacturing
💡Defense Technology
💡Innovation Ecosystem
💡Research and Development (R&D)
💡National Research Foundation (NRF)
💡iDEX (Innovations for Defence Excellence)
💡Academic Institutions
Highlights
India aims to reach a $7 trillion economy by 2030, with a focus on smart and advanced technology.
The government has announced a comprehensive plan to spur research and development in emerging and critical tech sectors.
A national mission on Quantum Technologies has been launched, with DST as the piloting agency.
Artificial Intelligence, semiconductors, clean energy, and biomanufacturing are identified as priority sectors for India's technological advancement.
India's defense and military technologies are seen as game changers for the country's technological progress.
The government is looking to increase private sector spending on R&D from the current 30-40% to levels seen in global players.
The National Research Foundation (NRF) has been established to incentivize and enhance private sector funding for R&D.
The iDEX model has been successful in providing support to startups working in deep tech and critical technologies.
India has a significant capacity in semiconductor design, with major design companies operating R&D houses in the country.
The government is focusing on creating an environment to increase private sector R&D spending and supplement government efforts.
A shift from a service economy to a product economy is seen as crucial for India's economic growth and development.
The budget announcement of 1,00,000 crore is considered a historic moment, aiming to transition India into a product nation.
The development of a culture that respects and owns up to Indian products and technologies is emphasized for national progress.
The National Education Policy and NRF aim to boost research and development ecosystems in tier 2 and tier 3 universities and colleges.
A hub and spoke model is proposed to enhance the capacity of tier 2 and tier 3 institutions by partnering with tier 1 institutions.
The lack of high-standard research in academia is recognized as a challenge, with plans to address it through policy and funding.
The importance of creating rules and procedures to enable the procurement of R&D products developed in India by the government is highlighted.
Transcripts
[Music]
namaskar welcome to sunet TV you are
watching our special program on emerging
and critical tech for India budget 2024
this is your host Manish kumara while
India is marching on building a greater
economy with an ambition to reach USD 7
trillion by 2030 the Quest for smart and
advanced technology is imparative it
must be addressed under the national
Mission the government has laid out a
comprehensive plan to Spur the research
and development in emerging and critical
tech for India in various policies and
in entering budget 2
2024 also government has announced a 1
lakh cus for long-term funding of
R&D including uh deep defense
technology since uh such technology are
not shared by many advanced economies
can India embrace the challenges and
even Le frog to talk on such important
issues we have two distinguished guest
here let me introduce aaran diar who is
Secretary Department of Science and
Technology government of India earlier
he also led the prestigious I kpur as a
director and let me introduce aay Kumar
who has served as defense secretary and
secretary defense production he has also
served at principal secretary it
secretary in the MIT department and now
a distinguished visiting faculty at it
kpur I welcome you on sunet TV sir let
me Begin by asking uh what are the
priorities for India in the realm of
critical and emerging technology I begin
with uh Dr away if you if you start
talking about the priorities because the
area is so was and and Technology game
is is so
huge so I think uh let me just tell you
that there are certain sectors uh where
we as a country have laid out certain
priorities so one of the areas in larger
context of critical and emerging
Technologies is uh Quantum Technologies
Quantum commu Computing and
Communications and uh in fact the
government of India has launched a major
national mission on Quantum uh recently
which DST is
piloting another is artificial
intelligence AI then
semiconductors clean energy and
particularly you know the hydrogen uh
green hydrogen uh
economy and uh lastly I think in
biomanufacturing and bioeconomy so these
are certain critical and emerging
sectors uh where where we as a country
uh have set out priorities there are
National missions and policies where we
are actively promoting uh the technology
development and adaptation uh in these
areas Dr Kumar has been involved I many
discussion in the past and U he has led
many uh initiatives especially in the
defense uh technology and the military
technology is a game changer so but then
again the range is vast so we need from
Advanced material to jet
engine to uh to address some of the even
additive technology for the production
timeline where do you prioritize among
all these you know I think uh if it
first of all I want to say I agree with
what uh Dr karandikar said you know
there are certain areas where we have
shown initial momentum and therefore we
should give trust to them
uh very important area is you know
defense and defense is important because
history has shown that development in
defense and Military technologies have
helped Nations to actually reach much
more advanced technology than in any
other field
right we in uh you know in India have in
the last 70 years largely been dependent
on imported technology
in the last four or five years we have
now seen a Innovation ecosystem which is
working and most of this ecosystem is in
areas where the country has natural
strengths software related uh data
analytics artificial
intelligence uh we find in Quantum we
have found now significant interest in
chip design so I think uh developing
capabilities in these new areas yet
another huge area in which we are
finding tremendous amount of traction in
space and uh today we are finding large
number of Innovations happening at all
uh you know verticals of space whether
it is on the launch side whether it is
on the satellite side whether it is on
the payload side whether it is on the
ground station side whether it is on the
analysis side so in each of the areas
there is tremendous amount of traction
so I would like to say I think the way
forward would be to give thrust to areas
where we are seeing a critical mass of
innovation developing and a governmental
push in areas to create critical mass in
those sectors where we are not finding
that much of traction I I agree with you
and fundamentally as Dr Kumar has
pointed out Military uh technology has
brought uh many many things which later
being used in the civilian spare for
example the global positioning system
and many other technology but
fundamentally these all depend on
research and development uh so far we
see the major portion in in fact the
entire portion of the research and
development is solely taken by one or
two agency which is government owned
perhaps drdo is one of the example and a
few dpsu how do you see we can scale up
uh uh beyond the realm of the government
how we can include the broader private
sector to do much much more and focus
and put thrust on R&D uh your take
on Dr since you have been also uh deeply
involved first in Academia and then in
the government policy making so your
take on this please so if you look at
you know the Global Science and
Technology players in the world then
typically they spend about uh you know 2
to 3% of their GDP on the R&D in India
uh we are spending only about 7% of the
GDP on R&D but more importantly when you
see that you know Global um ecosystem or
other countries where they are spending
uh you know uh 3 to uh 4% of their GDP
on R&D 70% of this spending is from the
private sectors and in some countries
such as Korea it is even higher it is up
to the extent of 80%
but in India uh the spending by the
private sector in R&D has been limited
to only 30 to
40% and uh unless we increase the uh
spend on R&D uh as a large percentage of
the
GDP uh you know we cannot reach to that
level um where we want to really become
a global player now uh and and as I said
that this spending cannot come from the
government alone it has to be come it
has to come from the private sectors uh
by enhancing their R&D
capabilities now one efforts that
recently the government has done is that
that we have set up the national
Research Foundation anusandhan National
Research
Foundation and uh one and and as you
know that the name is called Foundation
right so uh therefore you know one of
the objectives has been uh to uh
incentivize and enhance uh the funding
from the private sector for the R&D
support and this need not come into the
foundations directly in fact the
government can co-fund uh the R&D
projects uh along uh with the industry
so I think uh uh we really need to
create an environment where the private
sectors can increase its R&D spending uh
which will really uh you know supplement
what the government efforts are there uh
in funding R&D programs uh in uh
incentivizing uh entrepreneurs and
startups uh uh that I think uh uh will
further get uh a boost uh if I EO your
opinion and and come back to again on
the military asair as as a uh precursor
to better technology advanced technology
uh Dr Kumar knows much deeply as he has
held uh responsibility and again I come
back to the drdo look at the budget of
drdo for example is 23,000 CR drdo is is
put to innovate from bullet to tank to
fighter jets basically and then there's
a entire ecosystem uh uh and a private
ecosystem which is developing but at
very nent stage the whole idea and the
challenge to how to include that and
also you have had had a wonderful
interface with Academia uh also the
industry where do you see the Harmony
and and uh and also in terms of the
policym where we address that sir yeah
you
know I'll just take you 20 years
back or maybe 30 years back you know
when the infrastructure development was
primarily done based on government
budgeting and there is a limit to how
much the government could have funded
the
infrastructure and then government
innovated and started using the PPP
model there were difficulties and
initially it was not so
successful but now you see thanks to
various type of PPP
models the scale at which infrastructure
can be developed for every one rupee put
for infrastructure in government it is
possible to leverage anything between 3
to 4 rupees from the the private sector
in the infrastructure development right
the important point I wanted to make is
is to develop models when we say that
R&D in the private sector has to come up
we need to create models by which we
incentivize the private sector sector
and other bodies to be part of this
R&D let me give you the example of
idex which is uh you know in defense
we used to
provide the startups one and a half
crores and the stipulation was that they
should at least bring in matching
contribution from their side to create
the product right what was the incentive
the incentive was that the product if it
is developed to the requirements of the
Armed Forces the Armed Forces will buy
this to a certain specified quantity now
this is a model in which large number of
startups came forward and started
developing new products and new
technologies so what we have done is we
have given partial funding we have got
them to put in their own money by using
the procurement of
government procurement needs of the
government on this Innovative technology
so that is first point the second point
I want to make is I think it is more
than merely about
funding it is very important that we
Leverage The capability of other
stakeholders when we are looking at only
government Labs whether it is Dr and I
must say Dr has done some fantastic work
in large number of
areas but then there is a limited number
of people who work in a constraints of
the government system which is there but
the moment you open
up it is like you are leveraging the
capability of the nation whether you are
in academics whether you are a startup
whether you are an industry whether you
are any other individual who is able to
contribute the framework should enable
him to actually come up and use his
ideas so from a limited set of let's say
you know drdo or any few thousand people
you have suddenly few several cor people
who are actually working on a problem to
solve it and that is what we saw again
in idex that we opened up the whole
capability of the nation to solve a
problem and the third thing which I want
to say is
that as a nation we need to develop the
culture of respecting
and owning up our own
products the world does it India is the
world's largest global cap capability
centers the top Fortune 500 companies
75% of them have developing their R&D
here and going and keeping the IP
elsewhere but somehow when a product is
developed in India people you know
whether it is as good as the one
developed outside we have to start
believing that we are creating the best
products in the world look at what
happened in
covid-19 that vaccine that we created in
India turned out to be far better than
you know I don't want to name other
foreign companies who created the
vaccines our results are far superior to
that and in other cases so this ability
to
actually own up our own
products and recognize them as the best
in the
world Dr AB karandikar here has standard
essential patn for Telecom in his name
which has been created it it is a great
credit to have a global standard
essential
patent created here and today now he was
the first who had created now there are
large number of such patents which have
been created in the country a journey
has started we have to celebrate this
culture of innovation and R&D in the
country so that more people will come
into it and that will and the last part
I want to say which I think is very
important from developing the R&D
culture we have to create rules and
procedures which enable an R&D product
developed in India to be used and
procured by the
government remember if a R&D product is
going to be produced it is going to be
the first one that is why it's
R&D but very
often we in government tend to say we
need three people to participate for the
product to participate in a tender we
must realize that if if it's an R&D
product it will be the first one and
therefore there will not be three people
and therefore systems to procure this
on Frameworks by through which such an
R&D product can be procured by the
government will need to be created that
will enable and promote the R&D I think
Dr Kumar you have addressed all the
fundamentals you know and hit the right
notes uh and coming back to it's the
whole idea how to broaden the research
and uh development in our country which
goes beyond the realm of government that
has been the point discussion government
has also realized in fact in the budget
24 we're talking about uh uh government
has for with the new Mission and act
which is called uh anusandhan Foundation
act 2023 which was launched by the
government to boost
R&D uh is it would be the game changer
we need some sort of policy like this
how we going to spread out you know uh
say is is a great amount of coppers
which we talk about one lakh CR which
government wants to build up across
various seor sector it it looks very
ambitious and how we address that we
also see as Dr Kumar has pointed out
some sort of uh corporate incentive to
Industry to do their R&D research how
these model work as as a secretary how
do you work out in the policy domain you
know no I think uh first of all I think
let me just tell you that as Dr aay
Kumar mentioned uh that this idex model
uh has been very very successful and one
of the important objectives of the idex
model was really to provide the much
needed support to startups which have
been working in the Deep Tech area and
critical and emerging Technologies now
in these uh you know technology systems
there is a certain longer gestation
period and you really need some kind of
a patient capital and that cap although
you know in the recent years we have
seen a significant inflow of venture
capitals in the startups and a
significant Investments by the private
investors yet uh you know the uh the
kind of patient Capital that is needed
in the Deep Tech startups or in the
critical and emerging Technologies uh
has uh not happened that much uh you
know that should all the venture capital
investment and private sectors
investment in the startups have been in
those startups which are sort of safe
sort of startups or in those areas you
know where the high risks
are there that has been very less kind
of uh investment and in order to uh spur
that investment uh I think idex was
definitely a model which was has been
quite successful now that model sort of
needs to be scaled uh across the sectors
in all areas in a much larger way I
would like to sort of narrow our
discussion more on some of the specific
aspect of uh emerging critical
technology the r is so vast but then in
in all the Technologies there are few
which are very pertinent very important
for example the the very role of
semiconductor and Chip making which goes
into almost every aspect of
our key technology equipment systems
from military to civilian whether it is
drones civilian drones or military
drones or or or avionics or or many
different elements basically uh where
are we now uh in these two technology we
also had issues and faced problem
because even we import our uh when we
manufacture something in India the
sensors SP which depend on the
semiconductor basically it has to be
imported has to be procured and that's
also security concern how far we have
reached government has Focus much much
more on this particular aspect I would
like to know uh if if if the policy is
in right direction and and we are moving
in right direction and how far we are
able to succeed to have high quality
cheap Manufacturing in India and when
I think maybe begin with Dr Kumar yeah
just I think before I just wanted to
mention here that there are two aspects
to semiconductor one is the Fab and I
think Dr Raj Kumar uh can dwell on it
but I also want to say that in India we
have a tremendous capacity in fabulous
semiconductor design and in chip designs
in fact uh if you see uh all the major
uh chip design compan companies faet
design companies have their design R&D
houses in the company in India and those
fabulous designs are really done uh all
by Indian Engineers so we have a huge
capacity of U uh uh you know creating a
successful ecosystem of fabulous chip
design uh and designing of uh uh
semiconductor on chips for various
applications uh not only you know for a
market to serve uh Indian civil and
defense Market but also could become you
know globally competitive now
semiconductor Fab is a uh sort of a
different area because it requires huge
Investments uh compared to the you know
fabulous semiconductors or a chip design
uh companies uh in fabulous chip design
companies I feel uh we really we should
be treating this as I just mentioned as
a deep Tech startups which could be
incentivized through programs like idex
and where uh you know the semiconductor
companies can develop chipsets which are
useful for the systems to be deployed in
India whether they are the Telecom
systems or whether they are the defense
or uh whether they are in the medical
devices or Technologies or whether they
are in uh you know AG Tech and so on uh
but uh uh and I'm sure I think we must
have a uh you know definite steps in the
direction ctions and incentivize
companies and startups in that area when
it comes to semiconductor Fab it is uh
like a huge investment that is required
it is not uh uh the work of some
startups or something uh this can only
be done uh you know if there is a
substantial um support from the
government in fact this has happened
world over even uh leading um countries
such as Taiwan and other things have had
substantial government supports for uh
semiconductor fat I I think United
States has committed some trillion
dollar and also Indian government has
also taken some huge steps you know I I
would like to come back to Dr Kumar how
is unfolding because this is really the
heart of the critical and emerging
technology as far as the chip making and
and and and semiconductor areas are
concerned also keeping if you have if
you budget entering budget but we have
taken something out of that if you if
you can take out on the policy part also
keeping the budget in your mind you know
you know so let me talk about this
announcement which you mentioned for one
lakh K I think this
has
not received adequate attention we are
looking at a historic watershed moment
in the history of the nation and I say
this with full
responsibility 75
years and we are still largely except a
few exceptions a service nation and when
I say service I am also including
Manufacturing Services as part of the
service we have not been creating
products and like I said there may be
few exceptions but as a broad
category today this announcement of 1
lakh cor actually
Heralds moving the nation from a service
economy to a product
nation and why this is so important
please remember as a service economy you
can only go at a this far and not
further and what do I mean by saying
that the rate of growth with the service
economy because service economy
typically works on the Arbitrage of the
service that it provides for example
when you are doing software
Services you may get 20% 30% of the you
know over the labor cost for which the
service has been provided that is
typically how it works but the person
who actually develops the product as we
know most of the product companies do
get 50 60 70% profit over a period of
long period of time so the moment you
start becoming product Nation
your rate of growth which is today
hovering from 6 to 7% can go to 9 to
10% and therefore what it implies is
that we in India today we are looking to
get into a middle income level so it's
direct correlation with the economic
growth and and absolutely if we want to
become a developed nation in the next 20
years we have to become a product nation
and this is why this announcement is so
important Dr Kumar in the posi of time
uh but this is last but very critical
questions again you know the lack of
higher standard of research uh
especially in our Academia uh baring few
I and I is a challenge you know you come
from a a deep Academia and it very
prestigious institution where do you see
the Lacuna how we can address that
because this is all about the larger
research and Technology base uh which
comes out of Academy around the world if
you see many Advanced country including
Nordic also European countries quick
note on this so I think uh you are
absolutely right in fact this is also
reflected in the fact that uh in terms
of full-time equivalent R&D Personnel in
our country is really low compared to a
global average and uh that is clearly
because uh we don't have both uh you
know the qu quality and also the
quantity in terms of uh um you know the
R&D like at the PHD level uh you know in
our academic institutions in science and
engineering in fact this fact has been
recognized in the National Education
policy uh the where it has been clearly
mentioned that uh we need to uh you know
boost the research and R&D ecosystem in
uh other tier 2 tier 3 universities
state universities and colleges and the
NRF you know which we just spoke in fact
U um as uh uh it is also one of the
objectives of the NRF to see that how
you know these tier 2 tier three
institutions uh can be funded through
the R&D programs now currently you know
one of the problems in these
institutions is that that uh in many of
these institutions they also do not have
the capacity to even absorb the funds
even if you fund uh you know want to
fund the r&
and uh therefore one of the ways you
know that we are thinking uh could be to
create like an Hub and spoke model where
some of these institutions which have
the capacity which can come up uh can be
um considered as spokes partner of um
you know the hubs which have been
created in tier one institutions like
iats and isc's in some of the national
missions uh that uh you know we are
going to launch launch whether it is in
uh Quantum or AI or in cyber physical
systems where the uh capacity of these
tier 2 tier three institutions can be
enhanced by uh making them a spokes
partners of hubs uh and maybe in the
next few years uh like you know 5 10
years once the capacity of these
institutions increases then I think uh
you know uh they can also be competitive
with iats and IC so I think this is
definitely one area where we need to
focus and this has been recognized both
in our National Education policy and NRF
I thank you both for your Valu and
insights as India is marching towards a
greater economy technology plays a
critical role this is Manish kumara
signing off of sun TV I thank you both
thank you thank
[Music]
you
[Music]
[Music]
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