In a span of nearly a decade, India has made tremendous strides in the GII rankings, rising from the 81st position in 2015 to 39th in 2024. This steady climb reflects the country’s focused approach towards nurturing innovation across various sectors, driven by strong governmental support and a robust intellectual property framework. Prime Minister Narendra Modi hailed India’s rise to the 39th position in the GII rankings as a “remarkable feat.” He emphasized that this achievement reflects the government’s dedication to building a vibrant innovation ecosystem that can transform opportunities for the nation’s youth.
This achievement highlights India’s growing leadership in innovation, especially as the country ranks 1st among 10 economies in Central and Southern Asia and 1st among lower-middle-income economies. Furthermore, India ranks 4th globally in the World Intellectual Property Organization’s (WIPO) Science & Technology (S&T) Cluster Ranking, with key cities like Mumbai, Delhi, Bengaluru, and Chennai listed among the World’s Top 100 S&T clusters. Additionally, India stands 7th globally in intangible asset intensity and excels in innovation outputs, ranking 33rd, marking a notable improvement from the previous year. This recognition underscores India’s continued dominance and leadership in innovation across multiple sectors.