India retains 40th rank in the Global Innovation Index 2023

Updated: Sep 28 2023 3:14PM

New Delhi, Sep 28 (PTI) India retained its 40th rank out of 132 economies in the Global Innovation Index (GII) 2023 rankings, according to a report by the Geneva-based World Intellectual Property Organization.

Government think tank NITI Aayog said in a statement on Thursday that India has been on a rising trajectory over the past several years in the GII -- from 81st position in 2015 to 40 this year.

The consistent improvement in the GII ranking is owing to the immense knowledge capital, vibrant start-up ecosystem, and the amazing work done by the public and private research organisations, it added.

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