New Delhi, Jan. 20 -- Hailing government's decision to more than double the investment in the Research and Development (R&D) sector to around 2 per cent of Gross Domestic Product (GDP), FIEO president, Sharad Kumar Saraf that this will help the R&D services sector to grow and also double its exports in the coming years.
He said this on Wednesday while addressing at the roundtable on the Promotion of R & D Services Exports from the country where Saraf urged the state governments also to come up with larger participation and extend support to the R&D services sector.
''Presently, it is more of the central government driving the promotion of R&D services exports,'' he added.
Saraf requested the Government to incentivi...