Updated On: 15 January, 2024 05:33 PM IST | Washington | mid-day online correspondent
India`s aspiration to achieve developed nation status by 2047 hinges on a substantial boost in its skilled workforce and increased investment in research and development (R&D)

People visit a crowded Sarojini Market to shop in New Delhi. Representation Photo: PTI
India`s aspiration to achieve developed nation status by 2047 hinges on a substantial boost in its skilled workforce and increased investment in research and development (R&D), particularly in science and technology, according to Abhay Karandikar, Secretary of the Department of Science and Technology. Addressing the shortage of trained manpower in the R&D sector is a critical challenge, requiring significant enhancement, Karandikar emphasized.
"The size and scale of our country necessitate a large number of quality R&D professionals to propel the science and technology landscape," he stated during an interview at the PANIIT 2024 meeting near Washington DC. Highlighting another crucial aspect for achieving developed nation status, Karandikar stressed the need for a considerable increase in R&D investment as a percentage of India`s GDP, which has lagged behind the global average.