In the financial year 2021, the government sector accounted for the majority of research and development expenditure in India, at around 59 percent. The business sector lagged at around 40 percent but witnessed an increase since the previous year.
Share of Research and Development (R&D) expenditure of the government and business sector in India from the financial year 1991 to 2021
Characteristic
Government
Business enterprise (Industrial)
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DST (India). (June 8, 2023). Share of Research and Development (R&D) expenditure of the government and business sector in India from the financial year 1991 to 2021 [Graph]. In Statista. Retrieved September 14, 2024, from https://www.statista.com/statistics/1480734/india-public-private-share-in-r-and-d-expenditure/
DST (India). "Share of Research and Development (R&D) expenditure of the government and business sector in India from the financial year 1991 to 2021." Chart. June 8, 2023. Statista. Accessed September 14, 2024. https://www.statista.com/statistics/1480734/india-public-private-share-in-r-and-d-expenditure/
DST (India). (2023). Share of Research and Development (R&D) expenditure of the government and business sector in India from the financial year 1991 to 2021. Statista. Statista Inc.. Accessed: September 14, 2024. https://www.statista.com/statistics/1480734/india-public-private-share-in-r-and-d-expenditure/
DST (India). "Share of Research and Development (R&d) Expenditure of The Government and Business Sector in India from The Financial Year 1991 to 2021." Statista, Statista Inc., 8 Jun 2023, https://www.statista.com/statistics/1480734/india-public-private-share-in-r-and-d-expenditure/
DST (India), Share of Research and Development (R&D) expenditure of the government and business sector in India from the financial year 1991 to 2021 Statista, https://www.statista.com/statistics/1480734/india-public-private-share-in-r-and-d-expenditure/ (last visited September 14, 2024)
Share of Research and Development (R&D) expenditure of the government and business sector in India from the financial year 1991 to 2021 [Graph], DST (India), June 8, 2023. [Online]. Available: https://www.statista.com/statistics/1480734/india-public-private-share-in-r-and-d-expenditure/