Current Affairs - Economy - Discussion

38th is India's overall position among 139 economies in the Global Innovation Index (GII) 2026, released by the World Intellectual Property Organisation (WIPO). India retained its 2025 ranking and secured the first position among 36 lower-middle-income economies. It also ranked first among 11 economies in Central and Southern Asia. India has shown significant progress in innovation performance, improving from 48th position in 2020 to 38th in 2026. Its major strengths include ICT services exports, domestic market size, start-up financing and venture capital deals. Switzerland retained the top global position for the 16th consecutive year.