India has jumped two places and was placed 46th in the Global Innovation Index 2021 by the World Intellectual Property Organization. In the Global Innovation Index (GII), the country has been on an upward trend in recent years. India rose from 81st in 2015 to 46th in 2021.
“Innovation has been at the forefront of our fight against the unprecedented crisis caused by the pandemic and will be instrumental in fueling the country’s resilience and self-reliance, as enshrined in the Prime Minister’s clarification on Atma Nirbhar Bharat,” noted the NITI Aayog in an official statement.
The Public Policy Think Tank added that the steady improvement in India’s GII level can be attributed to the immense knowledge capital, dynamic start-up ecosystem and the amazing work of public and private research organizations.
NITI Aayog stated that government departments such as the Department of Atomic Energy; the Department of Science and Technology; the Department of Biotechnology and the Department of Space have played a crucial role in enriching the “National Innovation Ecosystem”.
NITI Aayog noted that it had worked tirelessly to ensure the optimization of national efforts for policy-led innovation in various areas such as electric vehicles, biotechnology, nanotechnology, space, alternative energy sources, etc. It added that NITI Aayog’s India Innovation Index has been accepted as an important step in the decentralization of innovation in all states of India.
“As we make further strides in saving lives and livelihoods and shaping the national economic growth path, the GII-2021 will be an important reference point for all countries to assess their ability and willingness to innovate, which goes a long way in promoting economic growth Recovery. ” “Read the statement.
The think tank conveyed that the Confederation of Indian Industry (CII) is also at the forefront as a pioneer on India’s path to an innovation-driven economy. NITI Aayog stated that, in partnership with CII and the World Intellectual Property Organization (WIPO), it is hosting the India Launch of the GII and the Global Innovation Conclave. The event will take place from September 21-22, 2021.
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