India's annual investments in R&D are currently at USD 48 billion, making it the world's largest spender. It aims to reach USD 63 billion with a growth rate of 12-13%. Experts recommend increasing R&D spending from 0.7% to 1% of GDP. The private sector contributes 37% and is expected to double its spending. The future of R&D looks promising, and the Inventicon Annual R&D and Design Leaders' India Summit provides a platform for experts to share innovative approaches and technology advancements. It also serves as a networking opportunity for industry leaders to enhance their R&D and design development strategies.