New Delhi, Sep 25 (PTI) India's top science advisor on Thursday asked the industry to invest boldly in deep-tech and product-driven research to scale new heights in the highly competitive world of innovation.

Addressing the Bharat R&D Summit hosted by FICCI, Ajay K Sood, Principal Scientific Adviser to the Government of India, said that India's gross expenditure on R&D (GERD) stands at 0.7 per cent of the GDP, with less than 40 per cent contribution from the industry.

"India must move beyond incremental work. Industry has to invest boldly in deep-tech and product-driven research in semiconductors, clean energy, biotechnology, and AI," Sood said, citing initiatives like the National Research Foundation and the Rs one lakh crore deep-tech corpus as key enablers for impactful partnerships.

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