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India ranked 39th in Global Innovation Index 2024

India ranked 39th in Global Innovation Index 2024:

According to the World Intellectual Property Organization’s (WIPO) report titled 17th edition of the ‘Global Innovation Index (GII – 2024)– Unlocking the Promise of Social Entrepreneurship’, India secured the 39th position out of a total of 133 economies with a score of 38.3. In GII 2023, India’s rank was 40th with a score of 38.1. The index has been topped by Switzerland for the 14th consecutive year. It is followed by Sweden at 2nd rank and the United States of America (USA) at 3rd. The GII has been co-published annually since 2007 by the World Intellectual Property Organization (WIPO), INSEAD( Paris, France), Cornell University( New York, the United States of America, USA). It ranks the world economies according to their innovation capabilities on the basis of 80 indicators.