India has been ranked 46th by the World Intellectual Property Organisation in the Global Innovation Index (GII) 2021 rankings. This is a significant jump for India from a rank of 81 in 2015 to 46 in 2021.
"Innovation has been at the forefront of our battle against the unprecedented crisis created by the pandemic, and will be pivotal in driving the country’s resilience and self-reliance, as enshrined in the Prime Ministers’ clarion call on Atma Nirbhar Bharat," said NITI Aayog in a statement.
"The consistent improvement in the GII ranking is owing to the immense knowledge capital, the vibrant start-up ecosystem, and the amazing work done by the public and the private research organizations. The 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 pivotal role in enriching the National Innovation Ecosystem," the think tank said.
The GII is the fulcrum for the governments – across the world – to assess the social and the economic changes in their respective countries. Over the years, the GII has established itself as a policy tool for various governments and helped them to reflect upon the existing status quo.
The Confederation of Indian Industry (CII) has also been leading from the front as a torchbearer of India's journey towards an innovation-driven economy.
This year, the NITI Aayog, in partnership with the CII and the World Intellectual Property Organisation, is hosting, virtually, the India Launch of the GII and the Global Innovation Conclave during September21-22.
"As we progress further towards saving lives and livelihoods and shaping the national economic growth trajectory, the GII-2021 will be a significant reference point for all the countries to assess their innovation capabilities and readiness, which will go a long way in boosting economic recovery," the NITI Aayog added.