‘Spend more on R&D to promote innovation in India’ – Hindustan Times

India needs to increase its spending on Research and Development (R & D) to 2%, or Rs. 1,76,000 crore of its Gross Domestic Product (GDP), if the country wants to promote innovation, said Arun Firodia, chairman of Kinetic Group of Companies, who spoke at a symposium on ‘Science and Technology for Inclusive Development’ on the last day of the Indian Science Congress.