By improving 2 steps India got 46th rank in the ‘Global Innovation Index, 2021’ (In 2020–48th) released by the ‘World Intellectual Property Organization’ (WIPO).
This index is published by WIPO in partnership with the Portulans Institute, additionally various corporate partners, such as the Confederation of Indian Industry, Brazilian National Confederation of Industry, Ecopetrol Group (Colombia), and the Turkish Exporters Assembly.
The consistent improvement in the GII ranking is owing to the immense knowledge capital, vibrant start-up ecosystem, concept of atmanirbhar bharat and amazing work done by the public and the private research organizations. In 2015 India was on 81st rank and this year is on 46th rank.
Many scientific departments like the Department of Atomic Energy, the Department of Science and Technology, the Department of Biotechnology and the Department of Space have played a vital role in enriching the ‘National Innovation Ecosystem’ in India.
The India Innovation Index, the latest edition of which was released last year by the NITI Aayog, has been widely accepted as a major step in the direction of decentralization of innovation across all the states of India. NITI Aayog is constantly monitoring and evaluating India’s position to improve India’s ranking on global level, including in the GII.