Research and development News

The ONOS scheme is a cornerstone of India’s vision to become a self-reliant and developed nation by 2047, as articulated in the Viksitbharat@2047 roadmap, said the Ministry.

US tech giant Apple will open a second research and development centre in China to focus on manufacturing and software development as it looks to increase its foothold in in the world's second largest economy amid tough competition from domestic rivals.

As part of the project, Sony has also released a video of first device

Domestic steel giant SAIL has spent Rs 284 crore on research and development (R&D) initiatives in the last fiscal ended March 2015, the highest by any steel maker in India, Steel Secretary Rakesh Singh said Thursday.

E-marketplace major Snapdeal will spend USD 100 million (Rs 640 crore) in the next three years on research and development as it looks to bring solutions to enrich online shopping experience as the competition hots up in the booming e-commerce industry in India.

The Haryana government has approved the proposal of Indian Oil Corporation Limited (IOCL) for setting up research and development project at Faridabad.

If India is to expand business and innovate, the spending on Research and Development (R&D) should be raised to four percent from existing one percent of the GDP, Railway Minister Suresh Prabhu said on Saturday .

Continuing it emphasis on innovation, biotechnology major Biocon plans to spend 10 percent of its annual biopharma revenue on research and development in the next fiscal year.

Engineering firm Larsen & Toubro (L&T) today said its technology services arm has bagged a contract from AkzoNobel to provide technical assistance to drive the latter's engineering excellence and reduce its capital expenditure.