GD Topic - Global Innovation Index 2024: India Jumps from 81st to 39th Rank in 9 Years
Candidates planning to get admitted to one of the Top B-schools in the MBA programme must prepare well for the Group Discussion Round. Check out the below article for India's Rank in the Global Innovation Index 2024.
India Rise to 39th Position in Global Innovation Index 2024
A Group Discussion round tests an individual's communication and leadership skills. In the MBA admission process, GD/PI serves as a platform where candidates discuss a given topic. The students are evaluated on different parameter, including subject knowledge, leadership skills, listening skills, confidence, and ability to engage in a debate. Top business schools like IIM, XLRI Jamshedpur, and SBIM Pune seek candidates for MBA who can analyze complex issues, gather their thoughts, and work well in a team. Therefore, an MBA aspirant needs to perform well in the GD round.
Read this article to know about India's position at Global Innovation Index (GII) 2024.
Check Out: Best MBA Colleges in India
- Global Innovation Index (GII): Introduction
- India’s Position at Global Innovation Index (GII) 2024
- Top Group Discussion (GD) Topics for MBA GD/PI Round
Global Innovation Index (GII): Introduction
There are a total of 133 economies in the world, and in the Global Innovation Index 2024, India achieved 39th rank. India's rank in the Global Innovation Index 2015 was 81. This means that India has crossed 42 ranks in 9 years. The World Intellectual Property Organization (WIPO) compiles the Global Innovation Index by collaborating with Cornell University and INSEAD Business School. The WIPO ranks countries by determining their innovation capabilities. To calculate this, different indicators are grouped into innovation inputs and outputs.
The Global Innovation Index (GII) is calculated based on three indices: the overall GII, the Innovation Input Sub-Index, and the Innovation Output Sub-Index (Appendix I).
- The Overall GII Score is the average of the Input and Output Sub-Indices’ scores.
- The Innovation Input Sub-Index consists of five pillars. These include Institutions, Human Capital and Research, Infrastructure, Market Sophistication, and Business Sophistication.
- The Innovation Output Sub-Index provides information about outputs. There are two output pillars: Knowledge and Technology Outputs, and Creative Outputs.
Each pillar has three sub-pillars, and each sub-pillar comprises individual indicators, which totalled around 80 indicators in 2024.
India’s Position at Global Innovation Index (GII) 2024
India has jumped 42 spots in the Global Innovation Index (GII) since 2015. It now ranks 39th according to the latest GII report released on September 27, 2024 (Thursday). India has shown a huge improvement since 2020.
| Year |
GII Position |
Innovation Input |
Innovation Output |
|---|---|---|---|
| 2020 |
48th |
57th |
45th |
| 2021 |
46th |
57th |
45th |
| 2022 |
40th |
42nd |
39th |
| 2023 |
40th |
46th |
35th |
| 2024 |
39th |
44th |
33rd |
According to the index, which assesses economies based on factors contributing to innovation, India came at the top among the 38 lower-middle-income economies, which shows India’s growing leadership in innovation, especially in developing countries.
Here is the list of the Top Three Innovation Economies by Income Group
| High Income |
Upper Middle-Income |
Lower Middle-Income |
Low-Income |
|---|---|---|---|
| 1. Switzerland |
1. China |
1. India |
1. Rwanda |
| 2. Sweden |
2. Malaysia |
2. Vietnam |
2. Togo |
| 3. United States |
3. Turkey |
3. Philippines |
3. Uganda |
Read More:
Besides achieving the top position among the lower-middle-income economies, India has also ranked 1st among the 10 economies in Central and Southern Asia.
| GII Rank |
Economy |
Income Group Rank |
Region Rank |
|---|---|---|---|
| 39 |
India |
1 |
1 |
| 64 |
Iran (Islamic Republic of) |
5 |
2 |
| 78 |
Kazakhstan |
22 |
3 |
| 83 |
Uzbekistan |
10 |
4 |
| 89 |
Sri Lanka |
12 |
5 |
| 91 |
Pakistan |
14 |
6 |
| 99 |
Kyrgyzstan |
18 |
7 |
| 106 |
Bangladesh |
22 |
8 |
| 107 |
Tajikistan |
23 |
9 |
| 109 |
Nepal |
24 |
10 |
India has also excelled in specific areas:
- ICT Service Exports: Ranked 1st globally
- Venture Capital Received: Ranked 6th
- Intangible Asset Intensity: Ranked 7th
- Unicorn Companies: Ranked 8th globally
India’s four major Science and Technology (S&T) clusters—Bengaluru, Delhi, Chennai, and Mumbai—remain in the top 100 globally. These cities are hubs for research, development, and technological advancements:
| Rank |
Cluster Name |
Top Patent Field |
Top Academic Subject |
|---|---|---|---|
| 56 |
Bengaluru |
Digital Communication |
Chemistry |
| 63 |
Delhi |
Computer Technology |
Engineering |
| 82 |
Chennai |
Transport |
Engineering |
| 84 |
Mumbai |
Computer Technology |
Chemistry |
Top Group Discussion (GD) Topics for MBA GD/PI Round
Below listed are some of the important GD Topics for reference.
- Importance of Statue of Unity
- Citizenship Amendment Act - What and Why
- Making Aadhaar mandatory is not a good idea- for or against
- Implications of CAA-NCR
- Cashless Economy – Is India ready for it?
- All you need to know about Right To Information
- How can we control banking frauds to reduce NPAs?
- Statue of Unity - Symbol of Pride or Wastage of Public Money?
- Rural vs Urban India
- Environment and us
- Self Motivation
- First impression is the last impression
- Funding Democracy: Are Electoral Bonds a Boon or Bane?
- Quick Commerce: A Step Toward Progress or a Wasteful Luxury?
- Crime Against Women in India: Who Bears the Responsibility?
- Innovation Vs Invention: What does the world need?
- PM Internship Scheme: How Effective is it in Enhancing Youth Employability?
- Job Reservation in Private Sector: A Boon or a Barrier?
- Bharatiya Nyaya Sanhita (BNS): Reforming Criminal Law for Better or Worse?
- Electric Vehicles (EVs) in India: Dream or Reality?
- India’s Historic Performance at the Paris Paralympics 2024
