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India’s Ranking 81 in Global Innovation Index 2015

“The Global Innovation Index” (GII) is a publication brought out by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO) as co-publishers, and their Knowledge Partners. The Confederation of Indian Industry (CII) was their knowledge partner from India for the year 2015. India’s position in the GII rankings during current year and last three years is as under:
Year
2015
2014
2013
2012
India’s Ranking
81
76
66
64
The Global Innovation Index (GII) 2015 covers 141 economies around the world and uses 79 indicators across a range of themes. The rankings are based on data collected during earlier years and thus do not truly reflect the status in the country in 2015. For example, the data for India’s overall R&D spending pertains to the year 2010, and the significant amount of spending done by Industry and Government on R&D in last 5 years has not been captured and does not get reflected in the ranking. The GII Report itself states that there are certain areas where data could not be captured because of the non-availability of standard international indicators, and even if some of these areas have produced good innovation advantage for a country like India, it does not translate into ranking.  At the same time, the Report states that India still needs to implement substantial reforms in its innovation policy in order to further improve its innovation performance.