INDIA RANKS 40TH IN 2023 GLOBAL INNOVATION INDEX
Why in the news?
- India secured the 40th position out of 132 economies in the 2023 Global Innovation Index (GII) by the World Intellectual Property Organization (WIPO).
- This ranking highlights India’s consistent progress in the global innovation landscape.
source:krctimes
About India’s Rapid Climb in Innovation Rankings:
- NITI Aayog emphasised that India is among the countries that have advanced the fastest in GII rankings over the past decade.
- The report underscores India’s significant strides in innovation, making it one of the top performers in this area globally.
India’s Leadership in Regional Innovation
- India emerged as a Regional GII leader, surpassing expectations in innovation relative to its economic development.
- This marks the 13th consecutive year that India has been recognized as an innovation over-performer.
- The GII 2023 evaluates the innovation ecosystem of 132 economies and tracks the latest global innovation trends.
About Global Innovation Index (GII):
What is the World Intellectual Property Organization (WIPO)?
Key Initiatives related to innovation in India:
Associated Article: https://universalinstitutions.com/overturn-cultural-practices-and-dogmas-to-spur-rd-in-india/ |