A brighter spot in this landscape is the gradual increase in industry-academia partnerships. Collaboration between industry and academia is vital for fostering innovation and ensuring that research outcomes have real-world applications. However, Tier 2 and Tier 3 education institutions continue to struggle to establish meaningful industry linkages. Strengthening these partnerships across all tiers of HEIs is critical to developing a higher education ecosystem in India that caters to both academic inquiry and industry needs.
The regulatory framework in India has also been evolving to support research and innovation. Initiatives like NEP 2020 and the establishment of the National Research Foundation (NRF) are steps toward creating a more research-friendly environment. However, there are still gaps in intellectual property rights (IPR) laws, patent procedures and the overall regulatory landscape. Streamlining these processes and reforming the regulatory landscape is essential to promoting robust research collaboration in India.
Addressing these challenges requires concerted action across multiple dimensions—academia, industry, and government. We recommend that academia must focus on restructuring curricula to incentivize research, providing quality-focused grants, and integrating interdisciplinary projects into educational programs. Industry needs to increase its R&D spending through corporate social responsibility (CSR) initiatives and create stronger links with higher education institutions. The government, for its part, must ensure equitable research funding for all institutions, not just the top-ranked ones, and improve the IPR process to encourage innovation.
India stands at a pivotal moment in its journey to becoming a global research leader. By addressing the challenges and implementing the recommendations, India can transform its research sector into a dynamic, globally competitive ecosystem that contributes significantly to the global knowledge economy. The task now is to translate these findings into actionable strategies that will drive India’s research industry forward, creating lasting impact. By focusing on actionable pathways, India can close the gap with global research leaders and contribute significantly to the global innovation landscape.