PM Modi to unveil research, development and innovation fund at ESTIC 2025 in New Delhi
New Delhi: In a major boost to India’s research and development ecosystem, Prime Minister Narendra Modi will launch the ₹1 lakh crore Research, Development and Innovation (RDI) Scheme Fund on Monday.
The Prime Minister will inaugurate the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in New Delhi and address the gathering during the event.
The RDI Scheme Fund aims to strengthen a private sector-led research and innovation ecosystem, encouraging industry participation in advanced scientific and technological development.
Scheduled from November 3 to 5, ESTIC 2025 will host over 3,000 participants from academia, research institutions, industry and government, alongside Nobel laureates, distinguished scientists, innovators and policymakers.
According to the Prime Minister’s Office (PMO), the conclave’s deliberations will focus on 11 key thematic areas, including Advanced Materials and Manufacturing, Artificial Intelligence, Bio-Manufacturing, Blue Economy, Digital Communications, Electronics and Semiconductor Manufacturing, Emerging Agriculture Technologies, Energy, Environment and Climate, Health and Medical Technologies, Quantum Science and Technology, and Space Technologies.
“ESTIC 2025 will feature talks by leading scientists, panel discussions, presentations and technology showcases, providing a platform for collaboration among researchers, industry and young innovators to strengthen India's science and technology ecosystem,” the PMO said.
Union Minister of State (Independent Charge) for Science and Technology Dr Jitendra Singh said the conclave would serve as a platform for young innovators, start-ups and researchers to present their ideas, find mentorship and connect with industry stakeholders.
Designed as an outcome-oriented forum, ESTIC 2025 aims to celebrate stakeholder contributions while fostering collaboration among researchers, entrepreneurs, industry, and funding bodies to drive scientific and technological progress in the country.
IANS