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Modi's ₹1 Lakh Crore R&D Boost: How ESTIC 2025 Will Transform Indian Science

Prime Minister Narendra Modi is set to inaugurate the ESTIC 2025 event tomorrow. He'll also launch a massive ₹1 lakh crore research and development fund. This scheme aims to boost private sector-driven innovation across multiple technology areas. The three-day conclave will bring together thousands of scientists, industry leaders, and policymakers to strengthen India's science ecosystem.

Key Points: PM Modi Inaugurates ESTIC 2025 Launches ₹1 Lakh Crore R&D Fund

  • PM Modi to inaugurate Emerging Science and Technology Innovation Conclave on November 3
  • Scheme offers long-term low-interest loans and equity investments
  • Over 3,000 participants including Nobel Laureates and scientists
  • Focus on 11 thematic areas including AI and quantum technology
  • Event runs from November 3-5 at Bharat Mandapam in Delhi
2 min read

PM Modi to inaugurate ESTIC 2025 on 3rd Nov, launch ₹1 lakh crore R&D scheme fund

PM Modi inaugurates ESTIC 2025, launching ₹1 lakh crore R&D scheme to boost private sector innovation across 11 key technology areas in India.

"The scheme has a total outlay of Rs 1 lakh crore over 6 years, with Rs 20,000 crore allocated for FY 2025-26 - Ministry of Science and Technology"

New Delhi, November 2

Prime Minister Narendra Modi will inaugurate the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in the national capital on 3rd November, Prime Minister's Office said in a release.

Prime Minister Modi will also address the gathering on the occasion.

In a major boost to the R&D ecosystem in the country, the Prime Minister will launch the ₹1 Lakh Crore Research Development and Innovation (RDI) Scheme Fund.

The scheme aims to promote a private sector-driven research and development ecosystem in the country.

"The scheme has a total outlay of Rs 1 lakh crore over 6 years, with Rs 20,000 crore allocated for FY 2025-26, funded from the Consolidated Fund of India. It offers long-term low or zero-interest loans, equity investments, and contributions to Deep-Tech Fund of Funds. Grants and short-term loans are not provided under this scheme," according to a Ministry of Science and Technology statement dated July 31, 2025.

ESTIC 2025 will be held from November 3 to 5, 2025.

The conclave will bring together over 3,000 participants from academia, research institutions, industry and government, along with Nobel Laureates, eminent scientists, innovators and policymakers.

Deliberations will focus on 11 key thematic areas, including Advanced Materials & Manufacturing, Artificial Intelligence, Bio-Manufacturing, Blue Economy, Digital Communications, Electronics & 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," PMO said in the statement.

- ANI

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Reader Comments

R
Rohit P
Great initiative but I hope the funds reach actual startups and researchers, not just big corporates. The focus on private sector-driven research is promising though!
A
Arjun K
As a young researcher, this gives me so much hope! The focus on AI, quantum tech, and semiconductors is exactly where India should be competing globally. Can't wait to apply for these opportunities!
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Sarah B
While the scheme looks impressive, I'm concerned about the loan-based approach. Many innovative ideas come from students and small startups who might not be able to take on debt. Some grant component would have been helpful.
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Vikram M
Finally! India is taking R&D seriously. The 11 focus areas cover all critical technologies. Hope this helps us become a global innovation hub rather than just a service provider.
K
Kavya N
ESTIC bringing together Nobel laureates and top scientists is fantastic! This kind of knowledge sharing will inspire our next generation. Jai Vigyan! 🙏

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