India Jumps to 39th in Global Innovation Index 2024
India has moved up to 39th place in the Global Innovation Index (GII) 2024, marking significant progress since 2015. India leads in innovation in Central and Southern Asia and ranks 1st among lower-middle-income countries. Cities like Mumbai, Delhi, Bengaluru, and Chennai are recognized among the top 100 global Science & Technology clusters. The GII, started in 2007 by WIPO, INSEAD, and Cornell University, evaluates factors like human capital, infrastructure, and market sophistication. India’s rise in innovation is driven by strong investment in R&D, education, and supportive policies for startups.
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