India Claims 39th Spot in Global Innovation Index (GII) 2024
India Climbs to 39th Position
India has climbed a position to reach 39th place in the global innovation index (GII) 2024 rankings, as per data released by the Geneva-based World Intellectual Property Organization. Over the past nine years, India has made remarkable strides, climbing up 42 spots, showcasing its dedication to innovation.
Key Factors Behind the Rise
- Investment in Research and Development: Increased funding into R&D initiatives.
- Tech Startups Growth: Thriving startup ecosystem contributing to innovation.
- Government Initiatives: Various programs supporting technology and innovation.
Global Comparison
India's position reflects its competitive spirit in the global market, with the country showing significant improvements in various parameters used to measure innovation. This climb not only elevates India's profile globally but also emphasizes the importance of fostering a culture of innovation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.