Business A roadmap for sustainable growth: What the export sector expects from Budget 2019 Updated : June 28, 2019 08:42 AM IST India’s R&D spending is considerably low when compared to South Korea, Israel, Scandinavian countries, China and the US. Striking a balance between duty-free import of technology and level-playing field to domestic capital goods industry is a tricky issue. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.