Science-based Entrepreneurship in India: A Policy Glass (as yet) Quarter-Full

Through all this, Bangalore has emerged as the startup hub of India, being listed in the top 10 startups cities in the world20 and the third-best in Asia, behind Beijing and a The cheapest GB of data in India is as low as $0.05. [...] As of 2018, India had 156 researchers per million citizens, versus 4,205 and 1,089 in the US and China, respectively, and a global average of 1,500.54 Between 1996 and 2020, India ranked 7th globally in the number of science and tech research publications, with 2 million published articles, while the US and China, the leading countries, published 14 million and 7 million articles, respectively.55. [...] Deep dive into the Defense Innovation Organization (DIO) The DIO was launched by the Ministry of Defense in 2017 to fund and support innovations in the defense and aerospace sectors.97 The DIO is a non-profit company set up under the Department of Defense Production (DPP) and seed-funded by Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL). [...] Set up in 2020 at the behest of the Prime Minister’s Science, Technology, and Innovation Advisory Council (PM-STIAC), under the Office of the PSA, the clusters project aims to bridge institutional voids by bringing together academia, the corporate sector, and the local administration in a collaborative ecosystem (see exhibit 11). [...] The final layer consists of building sectoral capabilities and expertise to enhance competitiveness, with the ultimate goal of contributing to the strategic objectives of the Government of India.102 One successful example of collaboration between academia and industry in India is the IIT-Madras Research Park.