The sectors of Technology, IPR and Design have enormous potential and they would play an extremely critical role in attaining our collective vision of turning the Indian economy into a value of USD 5 trillion, in the long run. These sectors also have a key role to play in strengthening the Indian Industry’s competitiveness on the global platform.
This edition of the CII Policy Watch explores the policy suggestions on how to raise Indian industry’s engagement in Technology, IPR and Design and build R&D expenditure to 4% of GDP by 2047. It also puts forth the action points that need to be implemented for improving the business environment and encouraging innovation and creativity for the next growth wave.