HomeBusinessIndia Ranks 46th In Global Innovation Index

India Ranks 46th In Global Innovation Index

India Ranks 46th In Global Innovation Index

India has moved up within the Global Innovation Index rankings

India has been ranked 46th by the World Intellectual Property Organisation within the Global Innovation Index 2021 rankings, a major bounce of 25 locations in six years, when the nation was ranked 81st in 2015.

According to an announcement issued by authorities suppose tank Niti Aayog, the advance in India’s rankings over the previous six years is as a result of availability of immense data capital and a promising start-up ecosystem.

Policy led innovation has been key to India’s success as an innovation hub, the assertion stated, including that throughout the pandemic additionally it was innovation which had helped in sustaining a vibrant ambiance within the sector, the suppose tank stated.

Development of electrical automobiles, biotechnology, nano expertise and inexperienced vitality initiatives, are among the examples of innovation in India, Niti Aayog acknowledged.

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