SME Times News Bureau | 20 Sep, 2021
India
has climbed 2 spots and has been ranked 46th by the World
Intellectual Property Organization in the Global Innovation Index 2021
rankings.
India
has been on a rising trajectory, over the past several years in the Global
Innovation Index (GII), from a rank of 81 in 2015
to46in 2021.
Innovation
has been at the forefront of our battle against the unprecedented crisis
created by the pandemic, and will be pivotal in driving the country’s
resilience and self-reliance, as enshrined in the Prime Ministers’ clarion call
on Atma Nirbhar Bharat.
The consistent
improvement in the GII ranking is owing to the immense knowledge capital, the
vibrant start-up ecosystem, and the amazing work done by the public and the
private research organizations.
The Scientific
Departments like the Department of Atomic Energy; the Department of Science and
Technology; the Department of Biotechnology and the Department of Space have
played a pivotal role in enriching the National Innovation Ecosystem.
The NITI Aayog has
been working tirelessly to ensure the optimization of the national efforts for
bringing policy led innovation in different areas such as electric vehicles,
biotechnology, nano technology, space, alternative energy sources, etc.
The India Innovation
Index, the latest edition of which was released last year by the NITI Aayog,
has been widely accepted as a major step in the direction of decentralization
of innovation across all the states of India.
A constant thrust in
monitoring and evaluating India’s position in the global rankings has been
provided by the NITI Aayog, including in the GII.
As we progress
further towards saving lives and livelihoods and shaping the national economic
growth trajectory, the GII-2021 will be a significant reference point for all
the countries to assess their innovation capabilities and readiness, which will
go a long way in boosting economic recovery.
The GII is the
fulcrum for the governments – across the world – to assess the social and the
economic changes in their respective countries. Over the years, the GII
has established itself as a policy tool for various governments and helped them
to reflect upon the existing status quo.
The Confederation of
Indian Industry (CII) has also been leading from the front as a torchbearer of
lndia's journey towards an innovation driven economy.
This year, theNITI
Aayog,in partnership with the CII and the World Intellectual Property
Organisation (WIPO), is hosting, virtually,the India Launch of the GII and the
Global Innovation Conclave during September 21-22,2021.