India drops to 64th position on Global Innovation Index

  • imageIndia dropped in the Global Innovation Index (GII) ranking of 2012 to 64th position from 62nd in 2011.
  • Lowest among the BRICS nations in the 2012 GII.
  • Nonetheless, the nation ameliorated its position in innovation efficiency from 9th position (just behind China).

Country

GII Rank

Rank in Innovation Efficiency

Brazil

58

38

Russia

51

43

India

62

2

China

34

1

South- Africa

54

116

  • GII exhibits nations that are innovating in spite of a weaker innovation environment.
  • Switzerland, Sweden and Singapore secured the top 3 positions in the GII rankings.
  • The Global Innovation Index 2012 was released by France-based international business school INSEAD and World Intellectual Property Organisation (WIPO), a specialized agency of the United Nations, along with the Confederation of Indian Industry (CII).

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Comments

  • uk1onair06
    Reply

    The rank mentioned is 64 but in the table rank 62 is mentioned.