What is the rank of the India in Global Innovation Index 2023?

Correct option is C

The correct answer is (c) 40th

Explanation:

In the Global Innovation Index (GII) 2023, India secured the 40th position out of 132 economies, maintaining its rank from the previous year. This consistent performance underscores India's ongoing commitment to fostering innovation and enhancing its innovation ecosystem. ​

Information Booster:

Top Performers in GII 2023:

• 1st: Switzerland
• 2nd: Sweden
• 3rd: United States
• 4th: United Kingdom
• 5th: Singapore​

Global Innovation Index (GII) 2024:

• Published by: World Intellectual Property Organization (WIPO)
• Purpose: A globally recognized tool that helps governments evaluate innovation-driven social and economic progress in their countries.

India’s Performance in GII 2024:

• Global Rank:39th out of 133 economies (up from previous rankings).
• Regional Leadership:1st among 10 economies in Central and Southern Asia.
• WIPO Science & Technology Cluster Ranking:4th globally, indicating strong innovation ecosystems in Indian metros.
• Top Indian S&T Clusters (in global top 100):Mumbai, Delhi, Bengaluru, Chennai
• Intangible Asset Intensity: Ranked 7th globally, reflecting India’s growing strength in patents, trademarks, and other non-physical assets.

In the Global Innovation Index (GII) 2024,Switzerland remains the top-ranking, most innovative economy for the 14th consecutive year, followed by Sweden, the United States, Singapore, and the United Kingdom.

World Intellectual Property Organization (WIPO):

• Established: 1967
• Type: Specialized agency of the United Nations (One of 15 such agencies)
• Headquarters:Geneva, Switzerland
• Membership:193 countries
• Objective: To promote innovation and creativity by protecting intellectual property (IP) rights globally.