The document discusses research and development (R&D), defining its importance for innovation, competitiveness, and addressing consumer needs. It outlines the components of R&D, distinguishing between basic and applied research, as well as its application in industries such as pharmaceuticals and aerospace. Additionally, it provides an overview of major R&D institutions in India, including CSIR, ISRO, and DRDO, along with a brief analysis of R&D expenditures across various sectors.
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