TestCloud
Prep • Practice • Perform
Log In

Piyush Goyal announces ?1 lakh crore Anusandhan Fund at TiEcon Delhi-NCR 2025

National | Dated: 31 Oct 2025

Commerce and Industry Minister Piyush Goyal, speaking at TiEcon Delhi-NCR 2025, announced a ?1 lakh crore (approx $12 billion) Anusandhan Fund. This fund, implemented via the Anusandhan National Research Foundation (ANRF), aims to boost transformative research, innovation, and industrial growth in India's deeptech sector.

🎯 Key Highlights:

  • The theme of TiEcon Delhi-NCR 2025 was “India's Deeptech Moment: From Digital Leadership to Technological Sovereignty.”
  • Goyal emphasized reduced reliance on foreign tech and promoting home-grown innovation.
  • A Startup Fund of Funds (Second Edition) was also announced.

💡 Other Important Facts:

  • The fund will focus on key areas like AI, quantum computing, semiconductors, and defence.
  • The goal is to move India from 'Digital Leadership to Technological Sovereignty'.
  • Goyal also encouraged academia-industry collaboration to build a robust deeptech ecosystem.

📚 Test Your Knowledge:

At TiEcon Delhi-NCR 2025, a ?1 lakh crore fund was announced to boost research. What is this fund named?

Correct Answer: Anusandhan Fund

🚀 Quick Recap:

About Anusandhan National Research Foundation (ANRF)

  • (i) The ANRF Act was passed by Parliament in 2023 (ii) It aims to seed, grow, and promote research and development (R&D) in India (iii) It will be implemented by the Department of Science and Technology (DST).