Industry to Accelerate Commercialisation of Indian Innovation

Industry must come forward to accelerate innovation, translate scientific research into commercial ventures and scale up India’s technological capabilities to achieve the national objectives set for 2047 and strengthen the country’s strategic sovereignty, said Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology and Earth Sciences, and Minister of State in the Prime Minister’s Office, Personnel, Public Grievances and Pensions, Department of Atomic Energy and Department of Space.

Addressing the 121st Annual Session of the PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi today, the Minister emphasised the need to bring Government, industry, academia, research institutions and start-ups together to convert scientific capabilities into indigenous technologies, commercially viable enterprises and globally competitive solutions. Held at New Delhi, the session brought together industry leaders, entrepreneurs and other stakeholders to discuss India’s growth and innovation priorities.(UPDATED ON 10TH OCT 2026)