Dr Jitendra Singh: Tech-driven innovation key to India's economic rise
Synopsis
Key Takeaways
Union Minister of State Dr Jitendra Singh on Monday, 4 May declared that technology-driven innovation is the cornerstone of India's economic renaissance, urging the scientific community to move "from laboratories to markets and from ideas to impact." He was addressing the 56th Foundation Day of the Department of Science and Technology (DST) at the Indian National Science Academy (INSA) Auditorium in New Delhi.
Key Developments at DST Foundation Day
Dr Singh outlined a sweeping shift in India's science and technology policy over the past decade, pointing to the opening of strategic sectors — including space and nuclear energy — to private participation as a defining turning point. He argued that these policy decisions have unlocked new commercial opportunities for startups and industry while strengthening India's position in the global innovation ecosystem.
Referring to the rapid expansion of the space sector, the minister noted that within a few years of liberalisation, India is witnessing a surge in startup-driven innovation, with new capabilities emerging in satellite technologies that contribute both to economic growth and national preparedness. He added that similar momentum is building across other emerging technology domains.
India's Startup and Research Surge
Dr Singh pointed to the explosive growth of India's startup ecosystem — from a few hundred a decade ago to over two lakh startups today — as concrete evidence of a rapidly maturing innovation landscape. He also highlighted India's growing share of highly cited research publications globally, reflecting improvements in both the quality and impact of domestic scientific output.
"No country can advance in science by remaining isolated from industry and the private sector," he said, calling for deeper collaboration across government, academia, and industry. The remarks signal a continued policy push to bridge the gap between fundamental research and commercial application.
What Senior Officials Said
Principal Scientific Adviser Professor Ajay Kumar Sood emphasised the need to align research with technology development and commercialisation, reinforcing the minister's call for market-oriented science. DST Secretary Professor Abhay Karandikar highlighted major national initiatives designed to deepen India's science and innovation infrastructure, including the Anusandhan National Research Foundation (ANRF), the RDI Fund, and the National Quantum Mission.
Broader Policy Context
This comes amid a broader government effort to position India as a global science and technology hub. The ANRF, established to consolidate research funding, and the National Quantum Mission represent significant bets on frontier technologies. Notably, India's push to integrate private capital into space and nuclear sectors mirrors a global trend of government-industry co-investment in deep tech. The DST Foundation Day address reinforces the Centre's narrative that science policy must now be evaluated not just by publications or patents, but by measurable economic outcomes.
With the ANRF and allied missions in early implementation, the next 12 to 24 months will be critical in determining whether India's innovation push translates into sustained GDP impact or remains largely aspirational.