• January 2012
    M T W T F S S

India Aims to Double R&D Spending for Science

 HPC Wire (01/04/12) Michael Feldman

 As part of a strategy to strive for substantially greater funding for scientific research and development (R&D) in India, Indian prime minister Manmohan Singh recently urged the spending of nearly $1 billion on domestic supercomputing so that India could keep pace with China.  Singh reportedly wants to double the R&D budget for science and technology from 1 percent of the [gross domestic product (GDP)] to at least 2 percent.  A segment of that funding would be channeled into boosting supercomputing capacity and capability, with the Indian Institute of Science, Bangalore handling implementation.  In contrast, China currently invests 1.4 percent of its GDP in science R&D, while the U.S. and Japan respectively invest 2.7 percent and 3.3 percent.  With China and India’s economic growth overtaking that of the United States and Europe, the latter two countries’ global share of science R&D is shrinking.  Neither the U.S. nor Europe have raised R&D spending as a percentage of GDP to counter the flat growth experienced over the past three years, which means Singh’s agenda to ramp up R&D spending relative to GDP will put India in a position to expand its science and technology presence much faster.