India ranks 39th in the Global Innovation Index 2024 - Indian Express. 

According to the Global Innovation Index released recently, India holds the 39th position in the Global Innovation Index (GII) 2024.

Global Innovation Index

• Publisher: World Intellectual Property Organization.
• About: A reliable tool for governments across the world to assess the innovation-led social and economic changes in their respective countries

Global Innovation Index 2024

• India’s rank: 
  • India has been ranked first among 10 economies in Central and Southern Asia, further emphasizing its regional dominance in innovation.
  • India has also secured the 4th position in the World Intellectual Property Organization (WIPO) Science and Technology (S&T) Cluster Ranking.
  • India has achieved the 7th rank globally in intangible asset intensity, which measures the strength of non-physical assets like patents and trademarks.
• Indian cities among world's top 100 S&T clusters: Major cities like Mumbai, Delhi, Bengaluru, and Chennai.

World Intellectual Property Organization

• About: A specialized agency of the United Nations established by the WIPO Convention in 1967.
• Headquarters: Geneva, Switzerland.
• Mission: To lead the development of a balanced and effective international intellectual property (IP) system that enables innovation and creativity for the benefit of all.
• Members: 193
• Functions: Provides a global policy forum, where governments, intergovernmental organizations, industry groups and civil society come together to address evolving IP issues.