India ranks 40th in Global Innovation Index 2023

India maintained its position at 40th place out of 132 economies in the most recent rankings released by the Global Innovation Index (GII), 2023. The apex public policy think tank, NITI Aayog, stated that the nation is steadily raising its GII ranking. It also added that the Atal Innovation Mission has played a major role in expanding India’s innovation ecosystem. 

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New Delhi, September 29: In the latest rankings announced by the Global Innovation Index (GII), 2023, India has retained its position at 40th rank out of 132 economies. On Tuesday, India’s NITI Aayog said in a press release that the country is consistently improving its GII ranking.

Earlier this week, the 16th edition of the Index was released by the World Intellectual Property Organization, an agency of the United Nations. India has been moving up the Global Innovation Index during the past few years, moving from 81st in 2015 to 40th in 2023.

The announcement by the NITI Aayog says, ““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.”

The government think tank said that the enormous knowledge capital, the thriving start-up ecosystem, and the outstanding work done by the public and private research organisations are contributing factors to the GII ranking’s ongoing progress.

NITI Aayog states that scientific departments such as the Department of Science and Technology; the Department of Biotechnology; the Department of Space; and the Department of Atomic Energy and also departments such as Ministry of Electronics and IT, Department of Telecommunications, Department of Agricultural Research & Education and the Department of Health Research have played a pivotal role in enriching the national innovation ecosystem.