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Your All-in-One Learning Portal: GeeksforGeeks is a comprehensive educational platform that empowers learners across domains-spanning computer science and programming, school education, upskilling, commerce, software tools, competitive exams, and more. India invested US$3.7 billion in science and technology in 2002–2003. [5] For comparison, China invested about four times more than India, while the United States invested approximately 75 times more than India on science and technology . [5] Research and development spending grew to US$17.2 Billion in 2020–2021. [6] Find the latest technology news and interesting research articles on breakthroughs in nanotechnology, biotechnology, green tech, and more. What is Technology ? Technology (which is basically derived from the Greek word technologia) is an art, skill or ability, which is used to create and develop products and acquire knowledge. Scientists used their knowledge to develop technology and then used technology to develop Science ; so, because of this reason science and technology are an integrated term in todays world. Consider the following points to understand the relationship between Science and Technology − Contribution of ...