India has shot up in innovation rankings with venture capital as a new metric. More could be achieved if India and China joined forces
Indian innovation clusters have also advanced, with Bengaluru climbing from below 50th place to just outside the top 20. India now boasts four clusters in the top 100, behind China, the United States and Germany, but ahead of two other East Asian tech powerhouses, Japan and South Korea.
With three clusters among the world’s top 10, China must be doing something right. The Greater Bay Area is ahead of Silicon Valley, while the Beijing and Shanghai-Suzhou clusters, in fourth and sixth place respectively, are ahead of ninth-placed Boston-Cambridge. Are there lessons for India here?
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