Facts for Prelims (FFP)
Source: Business Standard
Context: India has retained its 40th position in the Global Innovation Index (GII) 2023.
- This ranking is attributed to India’s vibrant start-up ecosystem, knowledge capital, and contributions from public and private research organizations.
- India also maintained its top position in the lower-middle-income group and the Central and South Asian region.
About Global Innovation Index:
- The GII, published by the World Intellectual Property Organisation (WIPO), evaluates 132 economies on their innovation capabilities.
- Switzerland secured the top position in the index, followed by Sweden, the United States, the United Kingdom, and Singapore.
- China ranked 12th among middle and lower-middle-income economies, with no others in the top 30.
