India is now ranked 39th out of 133 nations in the 2024 Global Innovation Index (GII). This demonstrates a significant improvement in India's innovation assistance system. This announcement was made by Union Commerce and Industry Minister Piyush Goyal, who emphasized that India leads Central and Southern Asia in innovation.
India's Global Innovation Rankings
- Global Position: 39th out of 133 countries.
- Regional Leadership: 1st in Central and Southern Asia.
- Economic Category: 1st among lower-middle-income countries.
- WIPO S&T Cluster Ranking: 4th place.
India's Innovation City Rankings
- Mumbai, Delhi, Bengaluru, and Chennai recognized as World’s Top 100 Science & Technology clusters.
- India's rise in the Global Innovation Index (GII) from 81st in 2015 to 4th place.
GII Overview
- Developed by WIPO, INSEAD, and Cornell University in 2007.
- Focuses on education, skills, infrastructure, and market advancement.
- India's 2021 report highlighted its importance for innovation.
Global Leaders in Innovation
- Switzerland, Sweden, the US, Singapore, and the UK are the top five innovative countries.
- China, Turkey, India, Vietnam, and the Philippines are the fastest-growing innovation countries.
Month: Current Affairs - October 24, 2024
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