India has climbed four places in the global innovation index for the first time. It reached the 48th position, and is now in the group of top 50 countries. Also, it topped the countries in Central and Southern Asia. India is in the top 15 in indicators such as ICT (information and communication technology) services exports, government online services, bachelors in science and engineering, and R&D-intensive global companies.
Switzerland, Sweden, the US, the UK and the Netherlands topped the innovation rankings. Also, highest-income countries dominated the top 5 places. It was the 13th edition of the Global Innovation Index (GII) 2020. World Intellectual Property Organization, Cornell University and INSEAD Business School jointly released it.