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India’s businesses outline higher education vision

The Federation of Indian Chambers of Commerce and Industry, a business association, has said the country needs to invest heavily in R&D to achieve a place among the world’s top research nations by 2030.

In Higher Education in India: Vision 2030, published on 15 November, the federation calls for an increase of US$140 billion (€104bn) to the country’s annual R&D spend by 2030. According to a report in University World News, the figure for 2010 was $32.7bn.

With the right support, the report says, India can be one of the world’s top five countries in terms of research output, and have more than 20 universities in the global top 200, by 2030.

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