- Global Innovation Index 2022: India has climbed to the 40th rank in the Global Innovation Index of the World Intellectual Property Organization.
- This is a huge leap of 41 places in 7 years. India has leapfrogged to 40th position on the Global Innovation Index (GII) 2022 from the 81st spot in 2015.
- India’s innovation performance is above average for the upper-middle-income group in almost every innovation pillar, with the exception of infrastructure, where it scores below average.
- Within Central and Southern Asia, India continues to lead in the 40th position, moving further up the rankings, from its 46th position in 2021.
- “India continues to lead the world in ICT (information and communication) services exports and holds top rankings in other indicators, including venture capital receipt value, finance for start-ups and scale-ups, graduates in science and engineering, labour productivity growth and domestic industry diversification.
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