India retains 40th rank in Global Innovation Index 2023
India retained 40th position on the Global Innovation Index 2023, released on Thursday, The annual index, by the World Intellectual Property Organization, ranked 132 economies on the innovation index.
«The consistent improvement in the GII ranking is owing to the immense knowledge capital, the vibrant start-up ecosystem, and the amazing work done by the public and private research organizations,» NITI Aayog said in a statement.
According to the Aayog, India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023.
«Innovation has been at the forefront of our battle against the unprecedented crisis created by the pandemic and will be pivotal in driving the country’s resilience, as enshrined in the Prime Minister’s clarion call on Atma Nirbhar Bharat,» it said.A
The Aayog further said that all government departments have played a pivotal role in enriching the national innovation ecosystem.
«Most importantly, the Atal Innovation Mission has played a major role in expanding the Innovation ecosystem,» it said.
«NITI Aayog has been working tirelessly to ensure the optimization of the national efforts for bringing policy-led innovation in different areas such as electric vehicles, biotechnology, nanotechnology, space, alternative energy sources, etc,» it said.
«It has also played a role in expanding the innovation eco-system in states and districts,» it said, adding that a constant thrust in monitoring and evaluating India’s position in the global rankings has been provided by the NITI Aayog, including in the GII.
The GII is a reliable tool for governments across the world to assess the innovation-led social and economic changes in their
