PM Modi Inaugurates ESTIC 2025, Launches ₹1 Lakh Crore RDI Fund to Propel India’s Private Sector-Led Innovation Ecosystem

PM Modi

Prime Minister Narendra Modi inaugurated the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 on November 3 at Bharat Mandapam, New Delhi, unveiling a landmark ₹1 lakh crore Research, Development and Innovation (RDI) Scheme Fund. The initiative marks a transformative shift in India’s approach to science and technology, aiming to build a robust, private sector-driven R&D ecosystem across key domains such as artificial intelligence, deep tech, quantum computing, and clean energy.

The three-day conclave, organized by the Department of Science and Technology (DST), brings together over 3,000 participants including Nobel laureates, global scientists, industry leaders, and policymakers. ESTIC 2025 is envisioned as a flagship platform to showcase India’s scientific capabilities and foster cross-sectoral collaboration.

📊 ESTIC 2025 and RDI Fund: Strategic Overview

FeatureDescription
Inauguration DateNovember 3, 2025
VenueBharat Mandapam, New Delhi
Participants3,000+ including global experts and innovators
RDI Fund Launch₹1 lakh crore to boost private sector-led R&D
OrganizerDepartment of Science and Technology (DST)
DurationNovember 3–5, 2025

The RDI Fund is designed to catalyze innovation across 11 thematic areas, with a strong emphasis on commercialization and global competitiveness.

🧠 Thematic Focus Areas Under RDI Scheme

ThemeScope and Relevance
Artificial IntelligenceAI for governance, healthcare, and agriculture
Quantum TechnologiesQuantum computing, cryptography, and sensors
Bio-ManufacturingSynthetic biology, biopharma, and biofuels
Semiconductor ManufacturingChip design, fabrication, and supply chain resilience
Emerging Agriculture TechnologiesPrecision farming, agri-robotics, and climate-resilient crops
Space and AerospaceSatellite tech, launch systems, and space exploration
Clean Energy and SustainabilityGreen hydrogen, solar, and battery storage
Advanced MaterialsNanotech, smart polymers, and composites
Cybersecurity and Digital InfrastructureData protection, secure networks, and digital sovereignty
Traditional Knowledge SystemsIntegration of Ayurveda and indigenous practices with modern science
Climate Science and Disaster ResilienceForecasting, mitigation, and adaptation strategies

Each theme will be explored through plenary sessions, innovation showcases, and policy dialogues.

📈 RDI Fund Implementation Framework

ComponentDetails
Fund Allocation₹1 lakh crore over five years
Disbursement ModelCompetitive grants, equity infusion, and co-funding with private entities
Target BeneficiariesStartups, MSMEs, academic institutions, and large enterprises
Governance MechanismNational Innovation Council with representation from industry and academia
Monitoring and EvaluationAI-based dashboards and third-party audits

The fund aims to democratize access to R&D capital and foster inclusive innovation.

🗣️ Voices from the Conclave

StakeholderCommentary Summary
PM Narendra Modi“India must lead the next wave of global innovation.”
Principal Scientific Adviser“ESTIC 2025 is a leap toward India’s innovation-led future.”
NITI Aayog Representative“The RDI fund will unlock new opportunities for private sector R&D.”
Startup Founder“We need platforms like ESTIC to scale indigenous technologies.”

The conclave has become a rallying point for India’s innovation ecosystem.

🧭 Integration of Traditional and Modern Science

Focus AreaDescription
Ayurveda and BiotechResearch on herbal compounds and molecular pathways
Indigenous Health SystemsDigitization and validation of traditional practices
CCRAS CollaborationJoint studies with Central Council for Research in Ayurvedic Sciences
Ayush Ministry ShowcaseExhibits on integrative medicine and wellness technologies

This convergence aims to position India as a global leader in holistic science.

📌 Conclusion

The launch of the ₹1 lakh crore RDI Scheme Fund at ESTIC 2025 by Prime Minister Narendra Modi marks a watershed moment in India’s science and technology journey. By empowering the private sector, streamlining innovation pathways, and integrating traditional knowledge systems, the initiative sets the stage for India to emerge as a global innovation hub. As ESTIC 2025 unfolds, it promises to shape the future of Indian R&D and redefine the country’s role in the global knowledge economy.

Disclaimer: This article is based on publicly available government statements, event announcements, and expert commentary. It is intended for informational and editorial purposes only and does not constitute policy advice or endorsement.

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