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India rose to 38th in global innovation rankings, leading lower-middle-income nations despite gaps in business and infrastructure.
India rose 10 spots to rank 38th in the Global Innovation Index 2025, marking significant progress since 2020.
The report, which evaluates 139 economies across over 80 indicators, ranks Switzerland, Sweden, the United States, and South Korea as the top four innovative nations.
Europe dominates the top 25, while global R&D growth slowed to 2.9% in 2024 and is projected to fall to 2.3% in 2025.
India leads lower-middle-income economies and the Central and Southern Asia region, excelling in knowledge and technology outputs (22nd), but still faces challenges in business sophistication (64th), infrastructure (61st), and institutions (58th).
La India subió al puesto 38 en el ranking mundial de innovación, liderando a las naciones de ingresos medios bajos a pesar de las brechas en los negocios y la infraestructura.