Panchkula (Haryana), Dec 7 (NationPress) India has entered a pivotal stage in its transformation from a conventional economy to an innovation-driven nation, and is now setting global benchmarks in technology-driven growth rather than merely following them, stated Union Minister of State for Science and Technology, Dr. Jitendra Singh, at the ongoing India International Science Festival (IISF) here.

During a special discussion at the four-day IISF event, Singh emphasized that India is currently taking a significant leadership role in various emerging fields, including biotechnology, nuclear innovation, regenerative sciences, and next-generation space technologies.

The minister noted that the last decade has witnessed a fundamental transformation in India's scientific attitude, policy framework, and governance methods. He remarked that India's economic advancement is now distinctly driven by science, technology, research, and innovation, with the global community increasingly recognizing India as a source of fresh governance models, public service delivery, and technology-led growth.

Looking ahead, Singh expressed confidence that space exploration will be an area where India will astonish the world, predicting that an Indian astronaut will land on the Moon within the next 15 to 20 years.

He added that if managed responsibly, artificial intelligence will rapidly revolutionize daily life in India. His straightforward message to young innovators was to take risks, forge strong partnerships with industry, and fully utilize the linkages and support offered by the government.

The minister elaborated on the introduction of a new national R&D fund, describing it as a transformative initiative aimed at unlocking high-risk, high-impact innovation. This fund will bolster research and entrepreneurship in sectors previously inaccessible to private entities, such as space and nuclear energy.

He referred to the initiative as a “catalytic push” intended to help Indian industries develop long-term capabilities through low-interest, long-duration financial assistance, enabling companies to grow confidently before becoming significant contributors to India’s technological advancement.

Reflecting on the liberalization of the space sector, the minister recalled a time when journalists were prohibited from entering the gates of Sriharikota during rocket launches. He noted that the changes introduced under Prime Minister Narendra Modi have led to a remarkable increase in participants, from a handful to nearly 400 space start-ups, many of which now enjoy global recognition.

He stated that India is no longer confining its space accomplishments to rocket launches alone, having established global models for utilizing space technologies in areas such as agriculture, healthcare, drinking water solutions, and disaster management.

Singh mentioned that similar transformations are evident in the nuclear sector, where innovations are now directly benefiting citizens through cancer treatment networks, community water purification systems, and other applications. He asserted that India’s successes in both nuclear and space sectors illustrate how strategic technologies can significantly enhance the quality of life.

The minister further remarked that India’s technological progress is closely linked to the democratization of opportunities across the nation. With improved digital connectivity and affordable information access, youth from smaller towns and rural regions now compete equally with those from major urban centers. He highlighted the changing demographics of UPSC toppers from districts such as Poonch and areas near the Punjab-Haryana belt, showcasing this transformation. He described the rising aspirations from “Bharat” as one of India’s greatest strengths.

When asked how India should evaluate its innovation trajectory, Dr. Singh stated that the true measure is sustainability. Ideas must evolve into viable enterprises with strong industry and market connections. He cited the emergence of profitable agri-start-ups, including lavender-based initiatives founded by professionals who transitioned from high-pressure corporate roles to create businesses that are both meaningful and economically viable.