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1. What is India's ranking in the Global Innovation Index of the World Intellectual Property Organization (WIPO) in 2024?
India has made significant progress in innovation, jumping to the 39th position in the Global Innovation Index (GII) of 2024, as reported by the World Intellectual Property Organization (WIPO). This achievement reflects India's growth in various sectors, including institutions, human capital, research, infrastructure, market sophistication, and business sophistication. The GII ranking is calculated based on two sub-indices: the Innovation Input Index and the Innovation Output Index, covering 132 economies worldwide. India's improvement in the rankings demonstrates its potential as a leader in innovation and technology.