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India climbs to 40th rank in Global Innovation Index of WIPO
Sep-30-2022

Climbing six notches, India stood at 40th position in the Global Innovation Index 2022 on account of improvement in several parameters. According to a report by the Geneva-based World Intellectual Property Organization (WIPO), India's innovation performance is above average for the upper middle-income group in almost every innovation pillar, with the exception of infrastructure, where it scores below average.

Talking on the development, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said that India had come a long way in the Global Innovation Index (GII) from the 81st spot in 2015 to the 40th spot in 2022 today. He also said ‘We were 46 last time the ranking was done. We have also maintained 1st rank in ICT services exports over the years’.

The Minister said that GII has established itself as a tool for Governments across the world to reflect upon policies and their impact. He further added that GII has over the years recognized India’s continuous rise due to the progressive measures taken by the government and industry working hand in hand.

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