Business StandardCenter·
India Inc failed to ramp up R&D spends despite '90s economic reform push
Cumulative spending on R&D was just $7.2 bn in FY26, against $61 bn spent by Alphabet alone in 2025
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Cumulative spending on R&D was just $7.2 bn in FY26, against $61 bn spent by Alphabet alone in 2025

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