India has moved up six places to the 60th spot among 130 nations on the Global Innovation Index (GII) 2017, emerging as the top-ranked economy in central and south Asia.
It highlighted the continual improvement of India in terms of investment, tertiary education, quality of its publications and universities, its ICT services exports and innovation clusters. Switzerland, Sweden, the Netherlands, the US and UK retained their top spots as the most-innovative countries.
The index, co-authored by Cornell University, INSEAD and World Intellectual Property Organisation, shows India’s rise as an emerging innovation centre in Asia, although the country ranks far behind