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September 30, 2022

India climbs to the 40th rank in the Global Innovation Index of WIPO, a massive leap of 41 places in 7 years.


• India today aspires to take its ranking in the GII Index to the top 25: Piyush Goyal, Minister for Commerce and Industry.


WIPO India


New Delhi, September 30, 2022 — Union Minister for Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles, Shri Piyush Goyal, said that India had come a long way in the Global Innovation Index (GII) from the 81st spot in 2015 to the 40th spot in 2022 today. ‘We were 46 last time the ranking took place. He added that we have also maintained 1st rank in ICT services exports. Shri Goyal was delivering a virtual message to mark the launch of the Global Innovation Index 2022 by the World Intellectual Property Organization (WIPO).

The Minister said that GII had established itself as a tool for governments worldwide to reflect upon policies and their impact. “GII has over the years recognized India’s continuous rise due to the progressive measures taken by the government and industry working hand in hand,” he added. He also expressed his gratitude to WIPO on behalf of 1.3 billion Indians and said that India today aspires to take our ranking in the GII Index amongst the top 25.

Shri Goyal said that Innovation had been a catalytic force for the economy and society. “Though Innovation implies novelty, it is also rooted in tradition for us in India. He added that ancient scientific knowledge, including the Vedas and traditional medicine, is a testament to India’s innovative spirit”.

Shri Goyal opined that incubation, handholding, funding, industry-academia partnership, and mentorship had stirred entrepreneurial spirit across the country. He said that India had embarked on the ‘Digital India’ journey in 2015 and has set up a goal of a trillion-dollar digital economy in the next few years. “Digitization of Government initiatives and public services has been our continuous focus,” he observed.

“To further strengthen Innovation, we have introduced the National Education Policy, which promotes the spirit of inquiry by setting up incubation & technology development centers. With over 9000 Atal Tinkering Labs, we encourage youth to develop solutions to society’s problems”, he added.

Meanwhile, the Prime Minister, Shri Narendra Modi, has expressed pride for Indian Innovators as India climbs to the 40th rank in the Global Innovation Index of World Intellectual Property Organization (WIPO).

Source: Ministry of Commerce & Industry, Government of India

|GlobalGiants.Com|

— The Editor is an Alumnus of the WIPO Academy (Geneva, Switzerland).


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Edited & Posted by the Editor | 8:41 AM | Link to this Post






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