Why Indian companies don't invest much in R&D?It is well known that Indian companies are way behind top global companies like Apple Inc, Saudi Aramco, Microsoft Corp, Amazon.com Inc, Alphabet Inc, Metaverse etc. It is not that the persons of Indian origin lack merit as many global companies are presently headed by people of Indian origin only.
One reason appears to be the lack of investment by the Indian companies in the R&D sector for breakthrough innovations in their respective fields. But, why it is so? After all, how long we will continue to enumerate the inventions made in India during the Vedic era to save our face?
Let us discuss to understand and explore if it is possible for us to do anything to develop ourselves at par with the developed countries?