When can we expect to see India Inc's moonshots? India became the first nation to successfully land a craft on the Moon's south pole. Since at least 1995, R&D expenditure has remained stuck at around 0.7% of gross domestic product, with less than two-fifths of it coming from the private sector. For the private sector to change, however, a lot will have to be set right first in the public sphere, starting with hopelessly underfunded university education. Like with everything in India, it's hard to say if the glass is half full or half empty.