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11

SCIENCE & TECHNOLOGY

AUGUST

2015

For updated information, please visit www.ibef.org

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22For updated information, please visit www.ibef.org

Executive Summary……………..…………..3

Advantage India………………………..…….4

Market Overview and Trends………..……...6

Porter Five Forces Analysis..……………...13

Growth Drivers………………………………15

Opportunities……………………….……….25

Success Stories…………………….………31

Useful Information………………….………34

SCIENCE & TECHNOLOGY

AUGUST 2015

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33

• Third largest technical manpower in the world

• 162 universities awarding 4,000 doctorates and 35,000 postgraduate degrees

• Global share in scientific publications rising at a CAGR of ~12 per cent

• Policies aimed at projecting India as a Science & Technology powerhouse, and promoting

both public and private sector involvement in the Research & Development practice

• Women Scientific programmes to expose women more and more towards research

• With more and more multinational companies setting up their R&D centres in India, the

sector has seen an uptrend in investments in recent years

• With a USD1.7 trillion (calculated at base price) economy and per capita income of over

USD1,468.78 in 2015, India presents a unique opportunity for companies to tap the huge

consumer base

• Demand for cheap and durable products that could meet the local requirements drives the

need for innovation

For updated information, please visit www.ibef.org

EXECUTIVE SUMMARY

Source: RBI, India Budget, TechSci Research

SCIENCE & TECHNOLOGY

Large consumer base

Huge talent pool

Policy framework

Rising investments

AUGUST 2015

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ADVANTAGE INDIA

SCIENCE & TECHNOLOGY

AUGUST 2015

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55For updated information, please visit www.ibef.org

ADVANTAGE INDIA

Source: Department of Science & Technology, IBEF, FICCI, TechSci Research

SCIENCE & TECHNOLOGY

Growing demand

• Expanding middle class and

increasing affordability are

expected to remain key demand

drivers for technologically

advanced products

• Demand for products that meet

the local needs is set to accelerate

Rising investments

• Cheap labour costs and easy

access to talent have been

attracting investments from foreign

companies in recent years

• Multinational companies are

setting up their R&D centres in

India

Policy support

• Government has continued policy

support in the form of Science,

Technology & Innovation Policy

2013 and the Twelfth Five-Year

Plan (2012–17)

• The new government assured

more and more of support to

researchers with lesser

bureaucratic hurdles

Huge talent base

• Third largest technical manpower

in the world

• With government and private

sector funding, academia is

adapting to the changing

requirements of the business

sector

Advantage

India

AUGUST 2015

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MARKET OVERVIEW & TRENDS

SCIENCE & TECHNOLOGY

AUGUST 2015

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77

1958

For updated information, please visit www.ibef.org

EVOLUTION OF SCIENCE & TECHNOLOGY POLICY FRAMEWORK IN INDIA

SCIENCE & TECHNOLOGY

For updated information, please visit www.ibef.org

Source: Department of Science & Technology, Ministry of HRD, Government of India

• Scientific

Policy

Resolution to

promote

science, and

scientific

research in all

its aspects in

India

• Technology

Policy

Resolution to

address the

need to attain

technological

competence

and self-

reliance

• Science &

Technology

Policy to bring

science and

technology

together and

emphasise the

need for

investment into

research and

development to

address national

problems

• New Initiatives such as

SWAYAM (Study Webs of

Active-Learning for Young

Aspiring Minds), etc. have

been taken to support young

talent and attract innovation

• "Innovation of Science Pursuit

for Inspire Research

(INSPIRE)“ initiative was

launched to communicate with

the youth population and

attract talent to the scientific

field

1983

2003

2013

AUGUST 2015

2014

• Science,

Technology &

Innovation Policy

aims to develop

synergies between

science,

technology and

innovation, ethnic

diversity and

varying

demographics has

attracted many

players to invest

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88For updated information, please visit www.ibef.org

INDIAN SCIENCE & TECHNOLOGY SYSTEM

Source: Changing Indian STI Landscape Presentation, Department of Science & Technology

Note: STI refers to Science Technology & Innovation

SCIENCE & TECHNOLOGY

Indian STI system

R&D bodies

Government funding &

development agencies

Academic sector

Socio Economic Ministries

Industrial R&D Systems

R&D by multinational companies

R&D in NGO groups

AUGUST 2015

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99For updated information, please visit www.ibef.org

INDIA HAS A STRONG NETWORK OF SCIENCE & TECHNOLOGY INSTITUTIONS AND TRAINED MANPOWER

Source: Department of Science & Technology, NSTIMS, TechSci Research

India is among the top-ranking countries in the field of basic research

It has the third largest scientific and technical manpower in the world

162 universities award 4,000 doctorates and 35,000 postgraduate degrees annually

The Council of Scientific and Industrial Research runs 38 research laboratories

India ranks 12th in terms of the number of patents filed

SCIENCE & TECHNOLOGY

PhD research outputs in science M.Phil and doctorate degrees awarded in

science & technology discipline

AUGUST 2015

6334

6641

2012 2013

84

12

16

01

0

11

65

9

12

75

4

12

94

3

35

94

7

39

81

5

2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

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1010

Source: Department of Science & Technology, NSTIMS, Business Standard, TechSci Research

Note: *Estimated Data

For updated information, please visit www.ibef.org

STRENGTHNING INDIA’S POSITION IN RESEARCH THROUGH INVESTMENT

National Expenditure on R&D increased threefold from

USD5.4 billion during 2004–05 to USD15.1 billion during

2011–12

During the 11th Five-Year Plan, India’s R&D/GDP ratio

increased to 0.88 per cent

Per Capita R&D has gone up from USD4.8 during 2004–06

to USD9.5 in 2009

India’s share in World in Gross Expenditure on Research &

Development (GERD) has increased from 1.9 per cent in

2004–05 to 2.4 per cent in 2009–10

R&D investments have grown in India to around USD40

billion by 2014

SCIENCE & TECHNOLOGY

USD’ billion

5.4 6.8 7.6

9.8 10.3

11.2 13.6

15.1

0.75%

0.80%

0.85%

0.90%

0

2

4

6

8

10

12

14

16

2004

-05

2005

-06

2006

-07

2007

-08

2008

-09

2009

-10

2010

-11*

2011

-12*

National R&D Expenditure (LHS) R&D Expenditure (%of GDP) (RHS)

National R&D expenditure and its

percentage with GDP

AUGUST 2015

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1111

NUMBER OF PATENT APPLICATIONS GOING UP

Source: Office of Controller General of Patents, Design, Trade Marks and Geographical Indication, Intellectual Property India, TechSci Research

Patent filings have gone up from 28,940 during 2006–07 to

42,915 during 2013–14, representing an increase of 5.8 per

cent

Out of the total number of 42,951 patent applications, the

number of applications filed by Indian applicants was

10,952, indicating around 10.5 per cent Y-o-Y growth

Total number of patents granted has dropped marginally in

recent years, primarily due to an increase in the disposal of

applications for which the request of examination was

received

SCIENCE & TECHNOLOGY

Top 5 Indian applicants for patents from institutes Top 5 Indian applicants for patents from R&D organisations

Patenting trends in India

Name of R&D organisationsApplications

filed (2013-14)

Council of Scientific & Industrial Research 267

Defence Research & Development Organisation 116

Indian Council of Agricultural Research 71

Department of Biotechnology, Government of

India34

Jubilant Life Sciences Limited 29

Name of Institute/UniversityApplications

filed (2013-14)

Indian Institute of Technology 342

Amity University 92

Saveetha School of Engineering, Saveetha

University 74

Bharat University 37

Indian Institute of Science 32

AUGUST 2015 For updated information, please visit www.ibef.org

28

94

0

35218

36

81

2

34

28

7

39

40

0

43

19

7

43

67

4

42

91

5

0

5000

10000

15000

20000

0

10000

20000

30000

40000

50000

2006

-07

2007

-08

2008

-09

2009

-10

2010

-11

20

11

-12

2012

-13

2013

-14

Patents Filed Patents Granted

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1212For updated information, please visit www.ibef.org

RISING INDUSTRIAL INVESTMENT FOR PRODUCT INNOVATION

Source: Department of Science & Technology, TechSci Research

Note: *Numbers for 2010-11 and 2011-12 are forecasted numbers

Industrial sector spending on R&D has increased over the years

– Industrial sector’s share in Gross Expenditure on Research & Development (GERD) improved to 34.2 per cent in 2009–

10 from 25.3 per cent in 2002–03

Industrial sector R&D units spent 0.61 per cent of their sales turnover on R&D activities in 2009–10, which is expected to

rise in future

India‘s R&D globalisation and services market is expected to reach USD38 billion by 2020

SCIENCE & TECHNOLOGY

77

%

76

%

75

%

72

%

70

%

67

%

65

%

63

%

65

%

66

%

65%

64

%

23

%

24

%

25

%

28

%

30

%

33

%

35

%

38

%

36

%

34

%

35%

36

%

0%

25%

50%

75%

100%

2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11* 2011-12*

Government Business Sector

Percentage share of government and industrial sector in GERD

AUGUST 2015

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PORTER FIVE FORCES ANALYSIS

SCIENCE & TECHNOLOGY

AUGUST 2015

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1414For updated information, please visit www.ibef.org

PORTER FIVE FORCES ANALYSIS

SCIENCE & TECHNOLOGY

Competitive Rivalry

• Competitive rivalry is low; however, there is indirect competition between

contract scientific research centres due to development needs of their

clients that operate in the same market and are in direct competition with

each other

• Many foreign companies tend to set up their in-house research centres

that may operate in competition with contract R&D centres

Threat of New Entrants Substitute Products

Bargaining Power of Suppliers Bargaining Power of Customers

• The threat of new entrants is

low because of the capital

intensive nature of the business

• Contract or academic research

centres do not have any direct

influence on the market, and

have little bargaining power for

the commercialisation of

technologies developed

• There is no direct influence of

consumers on scientific

research; however,

technologies are developed

keeping consumer needs in

mind

• With easy access to talent base

and low operational costs,

companies may look to set up

in-house scientific research

centres

Competitive

Rivalry

(Low)

Threat of New

Entrants

(Low)

Substitute

Products

(Medium)

Bargaining

Power of

Customers

(Low)

Bargaining

Power of

Suppliers

(Medium)

AUGUST 2015

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GROWTH DRIVERS

SCIENCE & TECHNOLOGY

AUGUST 2015

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1616

STRONG POLICY FRAMEWORK TO PROMOTE INDIA AS A R&D HUB

SCIENCE & TECHNOLOGY

Resulting in

Investments from

Multinational

Companies (MNCs) to

cater to the needs of

the local market and

their global client base,

R&D expenditure by 25

Indian pharma

companies has

increased by 20.6 per

cent in 2013-14

Strengthening capacity for basic research

Strengthening institutional capacity for research

Strengthening human capacity for research

Policy support

AUGUST 2015 For updated information, please visit www.ibef.org

In FY15, most of the leading pharma players spent anywhere between

USD58-325 billion on R&D, which represented an increase both in

absolute term as well as in proportion to net revenues (8-11 per cent of

sales)

Source: ICRA, Deloitte, PWC, TechSci Research

Note: R&D - Research and Development

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1717For updated information, please visit www.ibef.org

STRENGTHENING HUMAN CAPACITIES FOR GROWTH

SCIENCE & TECHNOLOGY

Source: NSTMIS, Department of Science & Technology

Note: * Includes people offered, Innovation in Science

Pursuit for Inspired Research (INSPIRE)

E-Estimated

In recent years, the Indian Government has implemented

several fellowship schemes to nurture human capacity for

advanced research in the country

The period between 2010-20E has been declared as the

“Decade of Innovation” by the nation and the need for the

establishment of National Innovation Council has been

emphasised. To fuel the growth innovation in science and

technology STI (Science, Technology and Innovation)

Policy 2013 was formed.

In 2008, Government launched Innovation in

Science Pursuit for Inspired Research (INSPIRE)

scheme, through which the Government awarded

2,150 research fellowships for doctoral research and

270 faculty awards for post doctoral researchers

Following the Government’s initiatives, the number of

researchers per million people has gone up from 140 during

2004–06 to 160 in 2010

In millions

663 775 1,127

3,300

2010-11 2011-12 2012-13 2013-14*

INSPIRE fellowship growth profile

Number of researchers in India

Out-turn of scientific & technical

personnel from universities in India

AUGUST 2015

1,92,819

2,00,000

2009 2015

0.7

1.1

1.3

2006 2010 2012

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1818For updated information, please visit www.ibef.org

LOCAL DEMAND ATTRACTING INVESTMENTS FROM MNCs … (1/2)

SCIENCE & TECHNOLOGY

Source: India Budget, Government of India Press Information Bureau

Government of India Ministry of Statistics and Programme Implementation

In 2014 , with a USD1.7 trillion economy and per capita

income of over USD1,200, India presents a unique

opportunity for companies to tap the huge consumer base

An expanding middle class and rise in purchasing power of

rural residents have boosted demand for innovation and

development of cheap and durable products that could meet

the local requirements

Rising per capita income in India to bring boom in R&D

investments in the country with more and more of foreign

players shifting R&D bases to India

Per capita income (in USD)

AUGUST 2015

67

6

76

7

89

6

10

26

11

25

12

43

14

68

.78

FY09 FY10 FY11 FY12 FY13 FY14 FY15

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1919For updated information, please visit www.ibef.org

LOCAL DEMAND ATTRACTING INVESTMENTS FROM MNCs … (2/2)

SCIENCE & TECHNOLOGY

Source: FICCI, Department of Science & Technology, Zinnov, TechSci Research

Note: *Figures Converted to USD’ billion at 2013-14 Exchange rate

Lower development cost, rising technology intensity and

growing local demand for top of the line unique technology

products have attracted R&D investments from foreign

companies in India, making it one of the largest outsourcing

provider in R&D segment

More than one-third of the top 1,000 global R&D spenders

have centres in India

About 28 per cent companies with headquarters in Japan,

the EU and APAC have a R&D centres in India

There is a potential to create 200,000 R&D jobs by Global

500 companies in the next five years. During 2013-18, R&D

headcount is expected to increase at a CAGR of 15.8 per

cent

191297

517

699780

8711,031

0

250

500

750

1,000

1,250

Before'00

2001-022003-042005-062007-082009-112011-13

Total number of MNC R&D centres in India

AUGUST 2015

46

83

52 4528 20

4

17

48 5572 80

Top 50 Top 100 100- 200 200-300 300-400 400-500

Present Not present

Number of R&D centers for global 500 companies, 2014

176

366

313

229

489

595

2013 2018

R&D headcount Remaining addressable population

R&D headcount by G500 (‘000)

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2020

The key elements of the STI policy are:

• Developing synergies between science, technology and innovation

• Providing a fresh perspective on innovation in an Indian context

• Charting a high-technology path for creating a science, research and innovation system in India

• Promoting proliferation of scientific temper among all sections of the society

• Enhancing skill for applications of science among the young from all social strata

• Making careers in science, research and innovation attractive to the brightest students

• Establishing world class R&D infrastructure for gaining global leadership in some select frontier areas of

science

• Positioning India among the top five global scientific powers by 2020

• Migrating R&D outputs into commercial applications by replicating hitherto successful models as well as

establishing new structures

• Facilitating S&T-based high-risk innovations through new mechanisms

• Triggering changes in the mindset and value systems to recognise, respect and reward performances that

create wealth from S&T derived knowledge

• Increasing R&D spending to 2.4 per cent of GDP by 2034

For updated information, please visit www.ibef.org

FAVOURABLE POLICY MEASURES AIDING GROWTH

Science Technology and

Innovation Policy 2013

Source: News articles, Science & Technology Policy 2013

SCIENCE & TECHNOLOGY

AUGUST 2015

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2121

The Government of India has taken various steps to generate interest and promote investments in the Science &

Technology sector

For updated information, please visit www.ibef.org

KEY GOVERNMENT INITIATIVES

12th Five-Year Plan

(2012–17)

Key focal points include:

• Creation of major national facilities under partnerships

• Programmes for centre-state technology partnership

• Building educators for science teaching

• Investments into mega science for creation of R&D infrastructure within India and abroad

under partnerships

Source: News articles, Government websites, swissnex India

National knowledge

network

• A state-of-the-art multi-gigabit (multiples of 10 Gbps) pan-India network is planned to link

some 5,000 nodes in India

• It will be the sole vehicle for international connectivity in future

SCIENCE & TECHNOLOGY

National Innovation

Council

• 2010–2020 has been declared the Decade of Innovation to stimulate innovations and

produce solutions for societal needs such as healthcare, energy, infrastructure, water and

transportation

Improving Academia

• Innovation universities would be set up as public private partnerships to develop new

hubs of education, research and innovation

• Currently, higher education has a share of 60 per cent of market size

AUGUST 2015

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2222For updated information, please visit www.ibef.org

INDIA AS CENTRE OF EXCELLENCE

SCIENCE & TECHNOLOGY

Source: swissnex India, NSTMIS

Note: *Centre of Excellence are identified using a threshold of minimum of 200

research papers in the top decile of global research (2012);

Latest Data not Available

Total research citations impact factor has increased from 0.68 in 2006–2010 compared to 0.53 for 1996–2000

In 2010, 21.5 per cent of research papers from India had international collaborators

Top Indian Institutions by citation impact*

Indian Institute of Science

Indian Institute of Technology, Kharagpur

Indian Institute of Technology, Kanpur

Tata Institute of Fundamental Research

Bhabha Atomic Research Centre

Indian Institute Chemical Technology

Indian Institute of Technology, Delhi

Indian Institute of Technology, Bombay

National Chemical Laboratory

Indian Institute of Technology, Madras

AUGUST 2015

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2323

ATTRACTING INVESTMENTS FROM PRIVATE SECTOR

SCIENCE & TECHNOLOGY

Source: Press Release, Department of Science & Technology, NSTMIS

Notes: E denotes Estimated, * Data till 2010, ** Data Till 2014

In 2014, India investment in the Research and Development

Sector was 0.8 per cent of GDP which is expected to rise

and reach 2.4 per cent in 2034

R&D investment registered nearly twofold increase during

2020 and reach USD 38 billion

Engineering R&D market to grow by a CAGR of 14 per cent

to reach USD42 billion by 2020

1.92.4

2.93.6 3.3 3.9

4.8

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11E 2011-12E

Company R&D Spend (USD’ million) R&D Spend (% Revenue)

Tata Motors 365.63 0.84%

Prithvi Information* 246.3 60.5%

Polaris Software 1.67 0.53%

BHEL** 184.80 2.74%

Mahindra & Mahindra 235.43 3.38%

Lupin** 158.97 8.64%

Infosys 100.36 1.19%

Reliance Industries 202.39 0.31%

Core Education &

Technologies Limited**96.2 53.4%

Bharat Electronics** 0.03 0.09%

Top 10 companies spending on R&D in India – 2014-15

USD’ billion

Private sector investments in Research & Development

For updated information, please visit www.ibef.orgAUGUST 2015

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2424For updated information, please visit www.ibef.org

ATTRACTING INVESTMENTS IN THE R&D SPACE

SCIENCE & TECHNOLOGY

• In February 2014, plans to invest ~USD83 million in an R&D unit to extend support for Honda's

localisation strategy for its running models as well as provide designing support for some upcoming India-

specific models in the near term

• In October 2014, investing ~USD82.9 million across 5 units of R&D and also setting up a new R&D unit.

• In February 2015, plans to set up a high-end manufacturing facility and set up an R&D center in Tamil

Nadu by investing ~USD91 million

• In May 2013, plans to double headcount at its Bengaluru R&D facility to make the centre a hub for global

engineering development and cater to the technology needs of the Asia-Pacific region

• Plans to start R&D in rolling stocks for its railway systems to support the growing urban transport needs in

the region

• Opened an R&D centre in India with focus on organic synthesis, advanced process and formulation,

molecular modeling and agro chemicals, innovation campus to start by 2017 in Mumbai

• USD2074 million has been spent on R&D in 2014

• In August 2014, plans to increase investment to USD3 Million in Halol Manufacturing Plant

Source: Company Websites, News articles

Note: Figures converted to USD using INR-USD exchange rate for 2013-14

AUGUST 2015

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OPPORTUNITIES

SCIENCE & TECHNOLOGY

AUGUST 2015

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2626

R&D OPPORTUNITIES IN VARIOUS SUB SECTORS IN INDIA

SCIENCE & TECHNOLOGY

ICT and wireless

technology

• Establishment of Software Technology Parks of India (STPI’S)

• National Policy of IT aims at bringing the power of ICT within the reach of all its citizens to

enable India to emerge as a global hub for IT by 2020

• Cloud computing presents endless opportunities in wireless technologies

Pharmaceuticals and

Health Care

• 3rd largest pharmaceuticals market by 2020

• USD 45 billion in revenues by 2020 and USD 26.1 billion in genetics by 2016

• Create a new Health Policy for 2015-2025 which should at the “healthcare for all”

holistically

Water technologies

• The water demand of industry will account for 8.5% and 10.1% of the total fresh water

abstraction in 2025 and 2050 respectively

• R&D efforts should concentrate on developing technologies for treatment, recycling,

recovery, reuse and efficient use of water

Manufacturing

technologies

• Automation and environmental sustainability are the key focus areas for manufacturing

companies

• The National Manufacturing Policy targets at creating 100 million additional jobs in the

sector by 2025

Material energy• Multi-disciplinary research to combine emerging concepts in nanotechnology with

fundamental metallurgical chemistry is the way forward

Bio-energy • Bio-energy is emerging as a promising alternative to meet rural energy needs in India

Source: Make In India, FICCI

For updated information, please visit www.ibef.orgAUGUST 2015

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2727For updated information, please visit www.ibef.org

ICT EVOLVING IN INDIA AT AN UNPRECEDENTED RATE

SCIENCE & TECHNOLOGY

Source: News Releases, FICCI

Notes: ICT denotes Information & Communication Technology,

E denotes Estimated, F denoted Forecasted

Information & Communication Technology (ICT) spending in

India is expected to increase at a CAGR of 9.63 per cent to

USD95.9 billion during 2012-16F

Telecommunication sector, which accounts for 67 per cent

of the Indian ICT market, is expected to drive growth

Key drivers that would accelerate growth of the

sector include increased access to services due to

launch of newer telecom technologies, better

devices, changing consumer behaviour and

emergence of cloud technologies

With usage of wireless technologies expected to grow in

future, low power devices with higher duty cycles need to be

explored

Network infrastructure also needs to be improved as

elimination of congestion in existing network infrastructure is

the need of the hour

USD’ billion

Investment in ICT in India

AUGUST 2015

66.471.5

78.986.2

95.9

2012 2013 2014 2015E 2016F

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2828For updated information, please visit www.ibef.org

RISING R&D ACTIVITIES IN THE INDIAN PHARMACEUTICAL SECTOR

SCIENCE & TECHNOLOGY

Source: Make in India, FICCI, Make in India, Ministry of Chemicals &

Fertilizers- Department of Pharmaceuticals

Note: F denotes Forecasted

Indian pharmaceutical market is expected to expand at a

CAGR of 13.33 per cent during 2014-2020

Key drivers that will fuel the sector’s growth include

rising income levels, increase in chronic diseases,

better medical infrastructure, wider health insurance

reach and supportive healthcare policies

Creation of new drug testing laboratories and further

strengthening of the 31 existing state laboratories

A weighted tax deduction is given under section 35(2AA) of

the Income Tax Act

Allocation of USD364.96 million to set up 4 more institutions

of the stature of AIIMS in J&K, Punjab, Tamil Nadu,

Himachal Pradesh and Assam. Another AIIMS to be set up

in Bihar.

Setting up of projects in special areas such as the North-

East, Jammu & Kashmir, Himachal Pradesh and

Uttarakhand

Companies need to develop drugs for diseases local to

India and other tropical countries

Overall R&D expense by Indian companies has been

around 5 per cent of sales, and is expected to increase in

coming years

Indian pharmaceutical market

R&D expenditure as % of sales for top 6

domestic companies

USD’ billion

AUGUST 2015

21.24

45

2014 2020F

5.55%6.08%

5.73%6.16%

6.86%

2010 2011 2012 2013 2014

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2929For updated information, please visit www.ibef.org

THE WAY FORWARD … (1/2)

SCIENCE & TECHNOLOGY

Source: Science, Technology & Innovation Policy 2013,

Department of Science and Technology

• The aim is to accelerate innovative Indian technologies into the global market

• This programme is a joint initiative of FICCI, Dept. of Science and Technology, Govt. of

India, and others

• The Government’s focus is on using the world class commercialization strategies and

business development assistance to expand in the global market

• Special incentive mechanisms are being developed to stimulate research in universities

and develop young leaders in science and engineering

• The policy framework is being devised to enable school science education reforms, by

improving teaching methods and science curricula

• Through Science, Technology & Innovation Policy, the Government is promoting the

establishment of large R&D facilities in PPP mode with provisions for benefits sharing

• Promoting multi-stakeholder participation in the Indian R&D system

India Innovation Growth

Program

Human capital

development

Investment in basic

research

Attracting investment

from private sector

AUGUST 2015

• Government is promoting investments in basic research to improve research quality to

meet global standards and to address national challenges

• During the year 2013-14, India secured 3rd position in terms of scientific publications in

nano science and technology

• Focus is on investing in research & development of technologies that address the needs

of rural India

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3030For updated information, please visit www.ibef.org

THE WAY FORWARD (CONTD.) … (2/2)

SCIENCE & TECHNOLOGY

Source: Science, Technology & Innovation Policy 2013

R&D laboratories

collaboration

Promoting innovation

AUGUST 2015

• Through Science, Technology and Innovation policy, the Government promotes

mechanisms for nurturing technology business incubators and science led

entrepreneurship

• Also promoting incentives for commercialisation of innovations with focus on green

manufacturing

• The Government is focussed on setting up inter university research centres to enable

researchers from different disciplines and universities to come together and address the

challenges of Science & Technology and its applications

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SUCCESS STORIES

SCIENCE & TECHNOLOGY

AUGUST 2015

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3232

1966 1998 2005 2008 2014 2015

For updated information, please visit www.ibef.org

SUCCESS STORIES: TATA MOTORS LEADING THROUGH INNOVATION

SCIENCE & TECHNOLOGY

Source: Tata Motor’s website

Notes: * Excluding Jaguar and Land Rover, LCV - Light Commercial Vehicle

A Combination of

technology and

imagination,

Tata Motors has been

driving the innovation

tend in the

Indian automobile

industry

Production

of first

indigenously

designed

LCV

Establishment

of engineering

research

centre

Launched

India’s first

indigenously

designed car

Launched

world’s

cheapest

car, Tata

Nano

AUGUST 2015

Launched Prima

LX Trucks’ 6 new

models in the cargo

segment and 4 new

models in tippers,

along with various

others

FY15

USD43.75

Billion

turnover

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3333For updated information, please visit www.ibef.org

INFOSYS: NURTURING INNOVATION IN IT …

Source: Office of the Controller General of Patents,

Designs and Trademarks 2013-14 Annual Report,

Company Annual Reports, TechSci Research

Indian IT patent applications (FY14)Infosys is 3rd highest number of patents applications in India

Research activity for different areas is allocated amongst

dedicated labs such as Software Engineering lab,

Convergence lab, Security and Privacy lab, Distributed

Computing lab and E-Com lab

During FY11-15, the company’s revenues increased at a

CAGR of 9.6 per cent to USD8.7 billion from USD6.0 billion

During the same period, net profit expanded at a CAGR of

7.6 per cent to USD2.0 billion from USD1.5 billion

Infosys spent USD97.9 million in R&D expenses during

FY15

AUGUST 2015

59

59

66

83

84

169

0 50 100 150 200

Indian Institute of Technology(Collective)

Wipro Limited

Samsung India SoftwareOperations Private Limited

Infosys

Samsung R & D Institute India

Tata Consultancy

Income and net profit (USD billion)

6.0

6.9

7.4

8.2

8.7

1.51.7 1.7 1.8

2.0

0.0

0.5

1.0

1.5

2.0

2.5

0.0

2.0

4.0

6.0

8.0

10.0

FY11 FY12 FY13 FY14 FY15

Sales Net Profit

SCIENCE & TECHNOLOGY

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USEFUL INFORMATION

SCIENCE & TECHNOLOGY

AUGUST 2015

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3535For updated information, please visit www.ibef.org

Department of Science & Technology

Technology Bhavan, New Mehrauli Road

New Delhi – 110016, India

Phone: 91 11 26567373, 26962819

Fax: 91 11 26864570, 26862418

E-mail: [email protected]

AUTONOMOUS & PROFESSIONAL BODIES … (1/2)

SCIENCE & TECHNOLOGY

Indian National Science Academy

Bahadur Shah Zafar Marg,

New Delhi – 110002, India

Phone: 91 11 23221931, 23221950

Fax: 91 11 23235648, 23231095

E-mail: [email protected]

Indian National Academy of Engineering

117 Nalanda House, IIT Campus,

Hauz Khas, New Delhi 110 016, India

Phone: 91 11 26582475, 26582635

Fax: 91 11 26856635

E-mail: [email protected]

AUGUST 2015

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3636For updated information, please visit www.ibef.org

National Academy of Sciences

5, Lajpatrai Road,New Katra

Allahabad - 211 002, India

Phone: 91 532 2640224

Fax: 91 532 2641183

SCIENCE & TECHNOLOGY

Indian Science Congress Association

14, Dr Biresh Guha Street

Kolkata – 700017, India

Phone: 91 33 22474530

Fax: 91 33 2402551

E-mail: [email protected]

Indian Academy of SciencesC. V. Raman Avenue, Post Box No 8005

Sadashivanagar, Bangalore 560 080, India

Phone: 91 80 23612546, 23614592, 23612943

Fax: 91 80 23616094

E-mail: [email protected]

AUTONOMOUS & PROFESSIONAL BODIES … (2/2)

AUGUST 2015

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3737For updated information, please visit www.ibef.org

CAGR: Compound Annual Growth Rate

FDI: Foreign Direct Investment

FY: Indian Financial Year (April to March)

So FY12 implies April 2011 to March 2012

GOI: Government of India

MNC: Multinational Company

GERD: Gross Expenditure on Research & Development

STI: Science Technology & Innovation

Y-o-Y: Year on Year

INR: Indian Rupee

USD: US Dollar

LCV: Light Commercial Vehicle

PPP: Public Private Partnership

Wherever applicable, numbers have been rounded off to the nearest whole number

GLOSSARY

SCIENCE & TECHNOLOGY

AUGUST 2015

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3838

Exchange rates (Fiscal Year)

For updated information, please visit www.ibef.org

Exchange rates (Calendar Year)

Average for the year

EXCHANGE RATES

SCIENCE & TECHNOLOGY

AUGUST 2015

Year INR equivalent of one USD

2004–05 44.81

2005–06 44.14

2006–07 45.14

2007–08 40.27

2008–09 46.14

2009–10 47.42

2010–11 45.62

2011–12 46.88

2012–13 54.31

2013–14 60.28

2014-15(Expected) 60.28

Year INR equivalent of one USD

2005 43.98

2006 45.18

2007 41.34

2008 43.62

2009 48.42

2010 45.72

2011 46.85

2012 53.46

2013 58.44

2014 61.03

2015(Expected) 61.03

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3939

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SCIENCE & TECHNOLOGY

AUGUST 2015