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Government of India to provide Rs 20k cr to promote innovation in partnership with private sector

Feb 01, 2025over 1 year ago

Contract Type

partnership

New DelhiNon ProfitGovernment

Description

The Finance Minister announced that the Government of India will allocate Rs 20,000 crore to promote innovation in partnership with the private sector. Additionally, plans were revealed for the launch of an export promotion mission and the establishment of a national framework for promoting global capability centres in emerging Tier-II cities. The government also intends to provide support for domestic manufacturing capacity and establish Bharat Trade Net, a digital public infrastructure, for international trade.

Company Information

Company

Government of India

Location

New Delhi, Delhi, India

About

The Government of India is a federal union comprising 28 states and 8 union territories. It is the governing authority of the Republic of India, and its capital is New Delhi.

Predictive Intelligence
Strategic

ML-powered predictions for Government of India's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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