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Context: Karnataka launched the country’s maiden Engineering Research & Development (ER&D) Policy 2021 in order to up its contribution to the country’s ER&D sector to 45% in the next five years.
Details:
ER&D Sector: Engineering and R&D (ER&D) services are those that augment or manage processes that are associated with the creation of a product or service, as well as those associated with maximising the life span and optimising the yield associated with a product or asset.
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