IIT Madras Global Research Foundation announces deep tech hub in California
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Research or analytical publication — an evidence-based assessment informing policy design and evaluation. Shapes the intellectual framework within which policy debates occur.
Summary
The announcement was made at the SelectUSA Investment Summit on Wednesday
Key Facts
Type Research
Source The Hindu - National
Published Saturday, 9 May 2026
Affected Population ~1 million researchers, R&D ecosystem
Key Numbers
R&D spending: 0.7% of GDP
Gaganyaan: Rs 12,000 crore investment
India Innovation Index: 40th globally (2024)
Education budget: Rs 1.25 lakh crore (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right