India Climbs To 40th Position From 46th In Global Innovation Index

New Delhi: India climbed six notches to fortieth function withinside the Global Innovation Index 2022 as a result of development in numerous parameters, consistent with a record with the aid of using the Geneva-primarily based totally World Intellectual Property Organization (WIPO).

It stated that India’s innovation overall performance is above common for the higher middle-earnings organization in nearly each innovation pillar, apart from infrastructure, in which it ratings beneath common.

“Turkiye and India input the pinnacle forty for the primary time, positioned thirty seventh and fortieth, respectively. India overtakes Viet Nam (48th) because the pinnacle decrease middle-earnings financial system for innovation,” it added.

It stated that middle-earnings economies China, Türkiye and India hold to alternate the innovation landscape; others just like the Islamic Republic of Iran and Indonesia display promising potential.

“Within Central and Southern Asia, India keeps to guide in fortieth function, shifting in addition up the rankings, from its forty sixth function in 2021, and its 81st rank in 2015,” it added.

Commenting at the rankings, Commerce and Industry Minister Piyush Goyal stated that “India innovating like in no way before”.

In the rankings, the pinnacle function changed into occupied with the aid of using Switzerland. It changed into accompanied with the aid of using the US, Sweden, the United Kingdom and the Netherlands. China changed into positioned withinside the eleventh function.

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