Over the next decade India’s research and development (R&D) sector is expected to undergo major changes as the Indian government progressively reforms and scales up public investments into science and technology. India’s rapidly changing R&D sector will create new opportunities for Australia as it seeks to advance its strategic relationship with India. India’s young demographic profile, its huge talent pool, its expanding science base, its shared grand challenges and its growing attraction to foreign firms seeking to internationalise R&D offers new points of connection for Australia. Australia’s abilities and experience in innovation could, in turn, assist India’s own innovation aspirations. Education, research and innovation presents an important vehicle in which Australia and India can create a collaborative innovation-based partnership that will strongly position both nations in the ‘Asian Century’.
Link to the India’s Transforming R&D Publication: Strengthening-AusIndia links