Updated By: LatestGKGS Desk
India Ranked 57th on Global Innovation Index Details, Rankings
India Ranked 57th On Global Innovation Index Details, Reasons, Ranking
In the recently released Global Innovation Index (GII) 2018, India was ranked 57th among 130 countries. It was the 11th edition of GII and was jointly released by Cornell University, INSEAD and World Intellectual Property Organisation (WIPO).
In 2018, India has moved up 3 places as compared to 60th rank in GII 2017 and emerged as the top-ranked economy in Central and South Asia.
India: India has maintained its top place in central and south Asia region. It has consistently moved up on the global ranking from 81st in 2015 to 57th this year. In fact, it has climbed up the list third year in a row. It ranked at 66th position in 2016 and 60th last year.
Strengths: These indicators have helped India to improve its ranking. It includes India’s human capital (graduates in science & engineering), growth rate of GDP per worker, exports of information and communication technology (ICT) and services, productivity growth and creative goods exports etc.
Weakness: India has fared badly on indicators such as ease of starting a business, political stability and safety, overall education and environmental performance.
