India among Top 50 Most Innovative Economies

India has moved up four positions on the annual Global Innovation Index (GII) of the World Intellectual Property Organisation (WIPO) to make it to the top-50 list for the first time. Switzerland, Sweden, US, UK and Netherlands topped the annual ranking this year. As per the organisation, India, China, the Philippines, and Vietnam have been the economies with the most significant progress in their GII innovation ranking over the years. All four are now in the top 50. India was ranked at 81 on the list in 2015.

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