India has now ranked 48 in the Global Innovation Index 2020 rankings, climbing 4 spots by the World Intellectual Property Organisation. It comes as a piece of uplifting news for India and is a testament of its robust R&D Ecosystem amid Coronavirus pandemic.
India was at the 52nd position in 2019 and was ranked 81st in the year 2015, a remarkable achievement to be in a league of highly innovative developed nations all over the globe.
World Intellectual Property organisation had also accepted India as one of the leading innovation achievers of 2019 in the central and southern Asian region, as it has shown a consistent improvement in its innovation ranking for the last 5 years.
The consistent improvement in the global innovation index rankings is owing to the immense knowledge capital, the vibrant startup ecosystem, and the fantastic work done by the public & private research organisations. The scientific ministries like the Department of Science and Technology, the Department of Biotechnology and the Department of space have played a pivotal role in the enriching the national innovation Ecosystem.
The NITI Aayog has been working tirelessly to ensure optimisation of national efforts in this direction by bringing policy led innovation in different areas such as EVs, biotechnology, Nanotechnology, Space, alternative energy sources, etc. The India Innovation Index, which was released last year by the NITI Aayog, has been widely accepted as the significant step in the direction of decentralisation of innovation across all the states of India. A constant thrust in monitoring and evaluating India’s position in global rankings has been provided by the NITI Aayog, including the global innovation index.
India must aim high and double its efforts in improving its ranking in the global innovation index. The call for Aatma Nirbhar Bharat by the Prime Minister could only be realised if India punches above its weight class and compete with global superpowers in developing scientific interventions.
India has good chance of bringing a paradigm shift and aims to be in the top 25 countries in the next global innovation index rankings.
(Source: PIB)
