Office of the Principal Scientific Adviser (PSA) and Federation of Indian Chambers of Commerce and Industry (FICCI) Partner to Strengthen Research and Development (R&D) Ecosystem

Key facts

• The Office of the Principal Scientific Adviser (PSA) to the Government of India signed a Memorandum of Understanding (MoU) with the Federation of Indian Chambers of Commerce and Industry (FICCI) to bolster the national research and development ecosystem.
• The collaboration aims to bridge gaps between industry, academia, and research institutions while promoting the translation and commercialisation of research and supporting policy dialogue.
• Ajay Kumar Sood, the Principal Scientific Adviser (PSA) to the Indian government, emphasised the need for technology diffusion to generate new ideas, products, and processes across various sectors.
• The partnership identifies high-tech priority areas for scaling, specifically focusing on solar energy and green batteries to drive technological advancement.
• The initiative leverages the government-enabled Research Development and Innovation (RDI) fund to support industries and startups in conducting deep tech research and technology development.