PM Modi launches ₹1 lakh crore RDI Scheme to boost research and innovation

The new initiative aims to accelerate high-risk, high-impact research, expand Atal Tinkering Labs, and foster private sector participation to strengthen India’s global leadership in science and technology

Prime Minister Narendra Modi on Monday (November 3) unveiled the ₹1 lakh crore Research, Development, and Innovation (RDI) Scheme at the Emerging Science, Technology, and Innovation Conclave 2025 in New Delhi. The landmark initiative seeks to provide long-term capital support for high-risk, high-impact research projects and strengthen India’s position as a global innovation hub.

Transforming India’s R&D landscape

Modi said the RDI Scheme will be implemented through the Anusandhan National Research Foundation (ANRF) to promote collaboration between academia, industry, and startups. The initiative is designed to attract private investment in advanced technology areas, bridge the gap between research and commercialization, and ensure that innovative prototypes transition quickly from laboratories to markets.

“India is building a modern innovation ecosystem and improving the ease of doing research,” the Prime Minister said. He added that reforms in procurement policies, financial rules, and regulatory frameworks are driving this transformation.

During his address to scientists and innovators, Modi also announced the expansion of the Atal Tinkering Labs network. Over 10,000 labs currently engage more than one crore students in hands-on innovation. To further this momentum, 25,000 additional labs will be established across the country to nurture creativity among young learners.

Strengthening research and ethical innovation

Highlighting the success of the Prime Minister’s Research Fellowship (PMRF), Modi said 10,000 new fellowships will be offered in the next five years to support emerging researchers. He emphasized that innovation must remain ethical and inclusive, ensuring technology benefits all sections of society.

Citing the India AI Mission, under which more than ₹10,000 crore has been invested, Modi noted that Artificial Intelligence is already transforming sectors such as education, logistics, and customer engagement. He stressed India’s commitment to using AI responsibly for public good.

Modi underlined India’s growing strength in key sunrise sectors, including green hydrogen, quantum computing, semiconductors, and the bio-economy—now valued at $140 billion, up from $10 billion in 2014.

He concluded by highlighting the increasing participation of women in science, noting that patent filings by women have surged from under 100 a decade ago to over 5,000 annually, with women now forming 43% of students in STEM fields.

“India is no longer just a consumer of technology,” Modi said. “We are shaping the future through innovation and leading the world in technological transformation.”