India has moved up one spot to 39th place among 133 economies in the 2024 Global Innovation Index (GII), as reported by the World Intellectual Property Organization (WIPO), based in Geneva. Last year, the nation was positioned at 40th. Commerce and Industry Minister Piyush Goyal announced this advancement on social media platform X, highlighting the flourishing innovation landscape driven by the country’s innovators and entrepreneurs. The steady improvement in India’s GII ranking can be attributed to its strong knowledge base, a dynamic start-up ecosystem, and the exceptional contributions from both public and private research organizations. The GII serves as a…
