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of <h1>India Maintains 40th Spot in Global Innovation Index 2023, Up from 81st in 2015; Leads in Asia and Startups.</h1> India retained its 40th position in the Global Innovation Index 2023, marking a significant rise from the 81st rank in 2015. The NITI Aayog, in collaboration with the Confederation of Indian Industry and the World Intellectual Property Organization, celebrated this achievement, highlighting India's leadership among lower-middle-income economies and its top performance in Central and Southern Asia. Key strengths include high rankings in market sophistication, knowledge outputs, and infrastructure. India excels in startup finance, venture capital, and domestic industry diversification. The nation also shows significant growth in patents and unicorn valuations, reflecting its commitment to innovation and economic growth.
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