The Modi Government's Prime Minister Research Chair (PMRC) Scheme aims to attract Indian-origin scientists working overseas and strengthen India's research ecosystem. > Over 3,600 researchers have reportedly applied. > Up to ₹14 crore in support for a Research Chair. > Focus on AI, semiconductors, quantum computing, space and defence. > Over 400 Indian institutions have reportedly applied to host researchers. > Initial target of at least 120 researchers over five years.