The Global Innovation Index (GII) has ranked India as the 57thmost innovative nation in the world. The country has improved its ranking from 60th position last year. India has been improving steadily since it was ranked 81st in 2015. Meanwhile, China improved its ranking from 22 in 2017 to 17 this year.
GII ranks 126 economies based on 80 indicators. It is now in its 11th edition and has become a major input for policy-makers on innovation around the world.
Francis Gurry, director general of WIPO says, “It is surprising that India is not ranked higher, but there is a consistent trend now, and I expect the trend to continue.”
Although ranked at 57, India is a top performer in the lower middle-income group, where it is ranked at 5th position. It is the most innovative country in its region of central and southern Asia. In the indicators that capture the quality of innovation inputs and outputs, India is ranked second after China in the lower and upper middle-income group combined.