<h1>India's Global Innovation Index jumps from 91 to 38; Startup India fuels growth, aims top-10 within three years</h1> Union government officials reported that India's Global Innovation Index rank rose from 91 (2015) to 38 (2025) and projected entry into the top 10 within three years, attributing progress to the national Startup India initiative launched in 2016. Officials cited growth from 500 startups in 2014 to 1.92 lakh registered with the industry promotion department, an increase in unicorns from four to 120 (combined market value stated at over USD 350 million), employment of 17.90 lakh, average annual establishment of 17,000 startups, and significant activity in tier-II/III cities. Measures include a Rs 10,000 crore fund of funds, higher loan limits (Rs 10 crore to Rs 20 crore) and tax concessions; a particular state was highlighted as a leading contributor with 16,000 startups.