National Science Foundation has invested nearly USD 150 million in India

By siliconindia  |  Friday, September 1, 2023

National Science Foundation has invested nearly USD 150 million in India
The new agreement with MeitY provides fresh funding for joint projects in applied research areas and builds on an Implementation Arrangement. The National Science Foundation has invested nearly USD 150 million in India in the last five years through more than 200 projects and has launched 35 joint projects in the last year alone, NSF Director Sethuraman Panchanathan. said Panchanathan traveled to India at the end of August, making stops in three cities: New Delhi, Bengaluru, and Gandhinagar.
In New Delhi, he announced a new funding opportunity between NSF and the Indian Ministry of Electronics and Information Technology (MeitY) and signed a bilateral implementation arrangement with the Indian Department of Biotechnology (DBT). He also participated in an industry roundtable organized by the US Embassy.
In Bengaluru, he participated in a biotechnology roundtable organized by DBT, and in Gandhinagar, his last stop, Panchanathan, led the US delegation at the G20 Chief Science Advisers' Roundtable, a media release said."In the last five years, NSF has invested nearly USD 150 million in India through over 200 projects. Just this last year, we launched 35 new joint projects with India's Department of Science & Technology in emerging technologies," Panchanathan was quoted as saying by the NSF on his return from India.

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