ENA Sectors 2025-11-04 16:48:10 <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px"><strong>New Delhi, Nov 4 (KNN)</strong> The Emerging Science &amp; Technology Innovation Conclave (ESTIC) 2025 was launched at Bharat Mandapam in New Delhi on Monday, bringing together more than 3,000 participants, including Nobel laureates, scientists, researchers, policymakers, and industry leaders.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">The event aims to explore advancements across 11 thematic areas &mdash; from artificial intelligence and quantum technology to sustainable energy and healthcare innovation.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">During the inaugural ceremony, Prime Minister Modi launched the Research, Development and Innovation (RDI) Scheme Fund, a Rs 1-lakh-crore corpus aimed at stimulating private-sector investment in research and development.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">The fund is designed to improve capital availability for high-risk, high-impact projects with transformative potential. </span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">This Rs 1 lakh crore is for you. It is to increase your capabilities. It is to open new opportunities for you. Our effort is to promote research and development in the private sector as well, he said.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">Modi also announced the establishment of the Anusandhan Research Foundation to bolster research and innovation across Indian universities, fostering stronger academic and technological ecosystems. </span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">Emphasising Indias growing global stature, he noted that the country has evolved from being a consumer of technology to a pioneer in technology-driven transformation. </span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">In addition to the fund launch, the Prime Minister released a coffee table book showcasing Indias scientific milestones and unveiled a vision document outlining the nations strategic roadmap for science and technology advancement. </span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px">ESTIC 2025 will continue over the next three days, featuring high-level discussions and collaborative sessions to chart the course for Indias innovation-led growth in the global science and technology arena.</span></span></p> <p><span style="font-family:Arial,Helvetica,sans-serif"><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></span><br /> </p> 43983 https://knnindia.co.in/news/newsdetails/sectors/pm-modi-launches-rdi-scheme-with-rs-one-lakh-crore-to-stimulate-private-sectore-rd 2025-11-04 16:48:10 knnindia.co.in