Prime Minister Narendra Modi inaugurated the Emerging Science & Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in New Delhi, marking a historic moment for India’s scientific and innovation landscape. Addressing the gathering of over 3,000 participants, including Nobel Laureates, leading scientists, researchers, academics, policymakers, and industry representatives, the Prime Minister emphasized the need for collaboration in the twenty-first century’s fast-changing world of science and technology. “Today is a big day in the world of science and technology,” he said. “There was a great need for experts from around the world to come together to brainstorm on emerging science, technology, and innovation, and to show direction together. This need gave birth to the vision of this conclave.”
As part of the inaugural ceremony, Prime Minister Modi launched the Research, Development and Innovation (RDI) Scheme Fund, a ₹1 lakh crore corpus designed to encourage private sector investment in research and development. The fund aims to create capital availability for projects that involve higher risk but carry the potential for large-scale impact. “This ₹1 lakh crore is for you. It is to increase your capabilities. It is to open new opportunities for you,” PM Modi declared, stressing the government’s commitment to promoting research and development within the private sector. He explained that for the first time, India is extending capital support to high-risk, high-impact ventures to accelerate technological breakthroughs.
He also announced the establishment of the *Anusandhan Research Foundation, a new institution that will strengthen research and innovation across universities, creating new pathways for academic and technological advancement. Reflecting on India’s recent scientific milestones, the Prime Minister pointed to the successful launch of *GSAT-7R, India’s heaviest communication satellite, congratulating ISRO scientists for their dedication and vision. He further cited India’s pandemic response, noting how the country developed an indigenous COVID-19 vaccine in record time and executed the world’s largest vaccination drive, enabled by its robust digital public infrastructure.
Alongside the fund launch, PM Modi released a coffee table book showcasing India’s scientific achievements and unveiled a vision document outlining the strategic direction for science and technology in the years ahead. ESTIC 2025 will run as a three-day conclave, featuring discussions across 11 thematic areas including advanced materials and manufacturing, artificial intelligence, bio-manufacturing, digital communications, quantum technologies, energy and climate solutions, and space sciences.
The event embodies India’s resolve to transform from a technology consumer into a global innovation powerhouse. With bold initiatives such as the RDI Fund and the Anusandhan Research Foundation, India is positioning itself to lead the world in deep-tech, research, and innovation — paving the way for a self-reliant, technologically advanced Bharat.
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