India Ranks 39th in Global Innovation Index 2024: A Steady Climb in Innovation

India has made remarkable progress in the Global Innovation Index 2024, moving up to the 39th position out of 133 global economies. This is a big achievement, especially considering that in 2015 India was ranked 81st. The steady rise in India’s innovation ranking shows the countryโ€™s growing strength in the field of innovation.

Last year, India was ranked 40th. Piyush Goyal, Indiaโ€™s Commerce and Industry Minister, announced that India continues to hold the top spot in Central and Southern Asia. It is also ranked first among lower-middle-income economies, proving that India is leading the way for developing countries.

The minister also mentioned that India is ranked 4th in the world for Science and Technology (S&T) Clusters, according to the World Intellectual Property Organization (WIPO). Four Indian citiesโ€”Mumbai, Delhi, Bengaluru, and Chennaiโ€”are listed among the top 100 S&T clusters globally. India is also ranked 7th in the world for intangible asset intensity, which measures things like creativity, patents, and trademarks.

Globally, the top five innovative countries in the GII 2024 are Switzerland, Sweden, the United States, Singapore, and the United Kingdom.

Indiaโ€™s rising position in the Global Innovation Index shows the countryโ€™s growing abilities in research, technology, and digital innovation, pointing toward even bigger achievements in the future.

Leave a Comment

Join WhatsApp

Join Now

Join Telegram

Join Now

0%