Global Innovation Index 2021
“India jumps 2 spots to 46th rank in Global Innovation Index 2021, prepared by the World Intellectual Property Organization (WIPO).”
India has climbed 2 spots to 46th Rank in the Global Innovation Index (GII) 2021, World Intellectual Property Organization (WIPO) prepared the rank. Consistently the country’s rank has been rising from 81 to 46 in 2015 to 2021.
In 2020 the rank was on 48, in 2021 it raised up 2 spots and reached to 46th rank. The GII report said, “India (at 46) moves further ahead, by two spots (48 in GII 2020), after making it into the top 50 last year. It takes second place in the lower-middle-income group. India held the third position in its income group in 2019 and 2020, having entered the top three in 2019.”
The consistent improvement in the GII rankings was due to the immense knowledge capital, vibrant start-up ecosystem, and the amazing work done by public and private research organizations. “Scientific wings like the Department of Atomic Energy, Department of Science and Technology, Department of Biotechnology, and the Department of Space have played a pivotal role in enriching the national innovation ecosystem,” The Centre in an official statement said. The constant thrust on monitoring and evaluating India’s position in the global rankings has been provided by the NITI Aayog, they added.
The GII report is Published by WIPO in association with the Portulans Institute, with help of corporate network partners, like the Confederation of Indian Industry, Brazilian National Confederation of Industry, Ecopetrol Group (Colombia), and the Turkish Exporters Assembly.
In the interim, commending India’s efforts, the GII report said that selected middle income economies are changing the development and innovation landscape, beginning with China; Turkey, Vietnam, India, and the Philippines presently doing their fair share.