In the GII 2021 India is ranked 46 and moved 2 levels high. Five Asian economies feature among the top 15 – the Republic of Korea (5th) and Singapore (8th) are in the top 10, followed by China (12th), Japan (13th) and Hong Kong, China (14th).
India ranking by pillars:
Institutions-62
-Political environment -66
-Regulatory environment-71
-Business environment-62
Human Capital and Research-54
-Education-102
-Tertiary education-64
-Research and development (R&D)-35
Infrastructure-81
-Information and communication technologies (ICTs)-86
-General infrastructure-52
-Ecological sustainability-98
Market sophistication-28
-credit-56
-investment-45
-Trade, diversification, and market scale-7
Business sophistication-52
-Knowledge workers-83
-Innovation linkages-50
-Knowledge absorption-34
Knowledge and technology outputs-29
-Knowledge creation-51
-knowledge impact-51
-knowledge diffusion-13
Creative outputs-68
-intangible assets-61
-Creative goods and services-55
-online creativity-105
India's best
Graduates in science and engineering, %-12
Global corporate R&D investors, top 3, mn US$-15
QS university ranking, top 3*-23
Government online service-24
E Participation-29
Gross capital formation, % GDP-28
Ease of getting credit*-23
Microfinance gross loans, % GDP-25
Market capitalization, % GDP-19
Ease of protecting minority investors*-13
Domestic industry diversification-12
Domestic market scale, bn PPP$-3
Joint venture/strategic alliance deals/bn PPP$ GDP-35
Intellectual property payments, % total trade-27
High-tech imports, % total trade-26
Citable documents H-index-21
Labor productivity growth, %-17
ICT services exports, % total trade-1
Global brand value, top 5,000, % GDP-28
Cultural and creative services exports, % total trade-18
Creative goods exports, % total trade-24
Tokyo–Yokohama is the top performing S&T cluster once again, followed by Shenzhen–Hong Kong–Guangzhou, Beijing, Seoul and San Jose–San Francisco. The U.S. continues to host the highest number of clusters, followed by China, Germany, and Japan. Bengaluru is ranked 62 in the S&T cluster, downgraded by 2 ranks in 2021.
The top five R&D spending economies in 2019 were the United States (+10.9 percent), followed by China (+11.1 percent), Japan (−0.4 percent), Germany (+2.3 percent) and the Republic of Korea (+4.8 percent). These five economies have consistently been the world’s major R&D spenders since 2011. Business R&D expenditure – the largest component of total global R&D – grew by 7.2 percent in 2019, up from 4.6 percent in 2018.
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