India’s GII rank improves
Climbing 2 spots, India has bagged the 46th rank in this year’s Global Innovation Index (GII) 2021 rankings. India has continued this upward trend since 2015 (when it ranked 81). The World Intellectual Property Organization releases the GII rank. It said that the index is a guide for the governments “across the world” to assess the socio-economic changes in their respective countries. WIPO added that some governments are already using it to improve their national innovation ecosystem.
WIPO attributed this improvement in GII rank to India’s vast knowledge capital, the vibrant startup ecosystem, and the work done by the public and private research organizations in nurturing innovation. These include the Scientific Departments like the Department of Atomic Energy; the Department of Science and Technology; the Department of Biotechnology and the Department of Space.