India's R&D spending hits 0.8% of GDP
India's R&D spending hits 0.8% of GDP. This marks the first time since 2010 that the country has crossed this threshold. While 0.8% of GDP reflects improved focus on innovation, it remains below the global average of 1.7%. The data signals long-term potential for tech and pharma sectors.
📊 STOCKS: | 🏢 SECTOR: Macro | #LOWIMPACT #R&D
This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.