The main focus of research in Indian mathematics and economics is the application of mathematical techniques to economic problems.

Some of the specific areas of research in Indian mathematics and economics include game theory, econometrics, and mathematical finance.

Some of the challenges facing researchers in Indian mathematics and economics include the lack of funding for research, the lack of qualified researchers, and the lack of access to data.

Some of the opportunities for further research in Indian mathematics and economics include the development of new mathematical techniques for economic analysis, the application of mathematical techniques to new economic problems, and the study of the impact of economic policies on mathematical research.

Research in Indian mathematics and economics is important because it helps to improve our understanding of the economy, it helps to develop new economic policies, and it helps to train future economists and mathematicians.