India gains 24 places in the world ranking of innovation since the arrival of Modi in 2014-15; check the top 10

India ranked 105th in terms of access to IT and 110th in terms of IT usage. (Photo: Thinkstock)

In a momentum given to the Modi government, India jumped three places to reach the 57th place in the Global Innovation Index (GII) rankings. However, India is still behind in the ease of starting a business, political stability and security, and female employees with higher degrees in the workforce. But, what is good news is that India has maintained its position as the world's leading exporter of computer services. India ranked 60th in 2017 on the GII rankings. In 2014-2015, India ranked 81st.

China has entered the top 20 most innovative economies in the world, with Switzerland maintaining its number one spot in the index. The Top 10 of the GII 2018 is complemented by the Netherlands, Sweden, the United Kingdom, Singapore, the United States, Finland, Denmark, Germany and Ireland. The rankings of the Global Innovation Index (GII), published annually by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO) and GII Knowledge Partners ranked India 57th on this list. Year

Leading Exporter Computer

India Ranks 105th in Access to Information Technology and Ranks 110th in Relation the use of IT. Despite being the leading IT exporter, the use and access to information and communication technologies in the country are weak, according to the report.

Middle Income Countries

India Rises to Fifth GII Rankings, Among Lower-Middle Income Economies

Productivity Growth ]

On a number of important indicators, including productivity growth and exports of ICT and services, India ranks well. ] GDP per capita

India also outperformed innovation relative to its GDP per capita for eight consecutive years.

Other Regions

Other strengths of India include the number of graduates in science and engineering, an area in which it ranks sixth overall. In this section, third on the domestic market scale measured in purchasing power parity, 18th on the global indicator of R & D companies, 20th on gross capital formation and 35th overall in investment.