Read an old article.
India’s Gross Expenditure on R&D is 0.7% of GDP, much lower as compared to Israel (4.6 per cent), South Korea (4.5 per cent), Japan (3.2 per cent), Germany (3.0 per cent), USA (2.8 per cent), France (2.2 per cent), UK (1.7 per cent), and Canada (1.6 per cent). India’s spending is lower than that of BRIC nations. China spends 2.1 per cent, Brazil 1.3 per cent while Russia spends a bit over 1 per cent.
Since Vimta is a bet on testing and R&D, can track this.
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