Global Innovation Index 2025:
India has climbed to the 38th position among 139 economies in the World Intellectual Property Organization’s (WIPO) Global Innovation Index (GII) 2025, improving from 48th place in 2020.
Highlights of the GII 2025:
- India rose from 81st (2015) to 38th (2025), ranking 1st among lower-middle-income economies and in Central & Southern Asia.
- Its strengths are Knowledge & Technology Outputs (22) and Market Sophistication (38); weaknesses lie in Business Sophistication (64), Infrastructure (61), and Institutions (58).
- The top five most innovative economies are Switzerland (1st), Sweden (2nd), USA (3rd), South Korea (4th), and Singapore (5th). China ranked in the top 10 for the first time, securing the 10th position.
- The world’s top innovation clusters are Shenzhen–Hong Kong–Guangzhou (1st) in China and Hong Kong, and Tokyo–Yokohama (2nd) in Japan.
- Labor productivity rose 2.5% in 2024, global life expectancy reached 73 years, and extreme poverty fell to 817 million, under half of 2004 levels.
- In 2024, technology advanced with notable gains in supercomputing efficiency and battery prices. However, adoption slowed, progress in wind power and genome sequencing lagged, and novel drug development regressed.
