Published Paper Details:

India's innovation ecosystem has undergone significant transformation in recent years, shaped by rapid digitalization, rising entrepreneurship, and policy interventions designed to stimulate research and development. This paper examines the growth drivers of India's innovation landscape, including demographic advantages, expanding digital infrastructure, government initiatives such as Startup India and Atal Innovation Mission, and the increasing role of global investment and collaboration. At the same time, persistent challenges remain, particularly in bridging regional disparities, strengthening intellectual property protection, scaling up R&D expenditure, and fostering linkages between academia, industry, and government. The study adopts a descriptive and analytical approach, drawing on secondary data from government reports, industry surveys, and international indices. It highlights the dual role of opportunities and barriers: while India is emerging as one of the world's leading hubs for technology-driven entrepreneurship, structural bottlenecks in regulatory frameworks, talent retention, and funding mechanisms continue to constrain its full potential. The findings suggest that India's innovation ecosystem can serve as a growth engine for sustainable development if complemented by inclusive policies, strong governance mechanisms, and global partnerships. The paper concludes that moving forward, the key priority lies in aligning innovation with broader social and economic goals, ensuring that the ecosystem not only accelerates economic growth but also fosters equitable and resilient development.