India scores 46th rank in the Global Innovation Index 2021

India scores 46th rank in the Global Innovation Index 2021

PTIUpdated: Monday, September 20, 2021, 08:57 PM IST
article-image
India has been on a rising trajectory over the past several years in the Global Innovation Index (GII), rose from a rank of 81 in 2015 to 46 in 2021/ Representational image | Photo credit: Pixabay

India has climbed two spots and has been ranked 46th by the World Intellectual Property Organization in the Global Innovation Index 2021 rankings, an official statement said on Monday.

It further said India has been on a rising trajectory over the past several years in the Global Innovation Index (GII) and rose from a rank of 81 in 2015 to 46 in 2021.

According to the statement, the consistent improvement in the GII ranking is owing to the immense knowledge capital, the vibrant startup ecosystem and the amazing work done by the public and the private research organisations.

The Scientific Departments like the Department of Atomic Energy; the Department of Science and Technology; the Department of Biotechnology and the Department of Space have played a pivotal role in enriching the National Innovation Ecosystem, it said.

The statement said the GII is the fulcrum for the governments - across the world - to assess the social and the economic changes in their respective countries.

Over the years, the GII has established itself as a policy tool for various governments and helped them to reflect upon the existing status quo, it added.

RECENT STORIES

Who Is Nihal Modi & Why Was He Arrested In The US, How ED & CBI Caught Him?

Who Is Nihal Modi & Why Was He Arrested In The US, How ED & CBI Caught Him?

India To Contribute 20 Percent To Hettich’s Global Revenue, Emerges As Firm’s Second Largest...

India To Contribute 20 Percent To Hettich’s Global Revenue, Emerges As Firm’s Second Largest...

Allied Engineering Files For ₹400 Cr IPO, To Fund Smart Meter Manufacturing Expansion

Allied Engineering Files For ₹400 Cr IPO, To Fund Smart Meter Manufacturing Expansion

Share Market Outlook: US-India Trade Talks, TCS Results To Steer Markets This Week

Share Market Outlook: US-India Trade Talks, TCS Results To Steer Markets This Week

Mcap Of 6 Top Firms Drops By ₹70,325 Crore, HDFC & ICICI Bank Lead Decline

Mcap Of 6 Top Firms Drops By ₹70,325 Crore, HDFC & ICICI Bank Lead Decline