This is some astounding bit of data. A story in ET says - India is drawing 25% of fresh global investments in R&D centres. And, many of these centres set up by multinationals are among their largest R&D units outside the US or Europe.
This number of 25% may be a little exaggerated. For example, a top pharma company these days spends $3-5 bn in R&D. Surely not even 10% of that will come to India. Even for IBM one would imagine 25% of R&D cant be coming to India. But, if it is great!
