The document discusses India's ranking and performance in global innovation indices. Some key points:
- India ranked 40th in the Global Innovation Index in 2022, up from 81st in 2015, showing steady improvement.
- India leads among lower-middle income countries and scores highly in indicators like venture capital, finance for startups, graduates in STEM fields, and productivity growth.
- Government initiatives like increased funding for research and development, national innovation policies, and programs to link universities and industry have helped boost India's innovation ranking.
- While India is improving, it still lags major countries in areas like research spending and researchers per capita, but its total numbers of universities, institutes, and