WIPO's Global Innovation Index (GII) for 2017 ranked India 60 for innovation, up from 66 last year
India has moved up six places to 60th among 130 nations on the Global Innovation Index (GII) 2017, emerging as the top-ranked economy in Central and South Asia. The improvement in India's rankings come after five continuous years of slide even as Switzerland, Sweden, the Netherlands, the US and UK retained their top spots as the most-innovative countries. The index, co-authored by Cornell University, INSEAD and World Intellectual Property Organisation shows India's rise as an emerging innovation centre in Asia, although the country ranks far behind China which occupied the 22nd spot. In a statement, the Ministry of Commerce & Industry said that the improvement in India's rank came after five years of continuous drop in rankings. "The Task Force on Innovation had the mandate of assessing India's position as an innovative country, suggest measures to enhance the innovation ecosystem in India and thus improve India's ranking in the GII. Recognising India's potential to reach
To judge India's performance, we need to develop metrics that reflect our aspirations and priorities, not those of experts in other countries
In the ninth Global Innovation Index report this year, India has improved its ranking by 15 places over last year
The country has moved up from 81 to 66 in the Global Innovation index, 2016