As we are all aware India has one of the fastest growing and largest economies in the world. The economy of India is the tenth-largest in the world by nominal GDP and the third largest by purchasing power parity (PPP) (see here).
Indian scientists are not short of money. They have a space program (Indian Space Research Organisation) as well as a nuclear arsenal.
On that note, Great Britain will be phasing out financial aid to India by 2015, instead focusing on technical assistance (BBC News). To me personally, that makes sense and will be of benefit to both Indian and British scientists.
The IOP Report
The Institute of Physics (IOP) have written a report on India.
For today’s leading physicists in India, money for research is thankfully not in short supply. But as this Physics World special report makes clear, what India currently lacks is a critical concentration of highly capable scientists who can really make the country a world leader in research and boost the nation’s innovation. This special report shows, however, that India is starting to tap the country’s true potential through a series of bold educational initiatives and novel research facilities. I hope you find this report stimulating and please do e-mail your comments to firstname.lastname@example.org.
Matin Durrani, Editor of Physics World
Physics World’s special report discovers that India is starting to tap the country’s true potential through a series of bold educational initiatives and novel research facilities.