India has been ranked the world’s top exporter of information and communication technology in a UN agency report that recommended that the country leverage this lead to innovate in emerging areas where biology and materials sciences intersect with computing. Overall, India leapt 14 places from the 85th rank last year to the 61st in the latest Global Innovation Index (GII) released in Geneva by
the World Intellectual Property Organisation (WIPO) in partnership with the Confederation of Indian Industry (CII).
• India ranked 8th in the world for producing graduates in science and engineering and showed the most significant improvements in human capital and research moving up 40 places to 63.
• WIPO, a specialised agency of the UN, worked also with Cornell University and INSEAD, an international business school, to prepare the ninth edition of the index. In these emerging fields, the report said: “Applications include developing sustainable fuels for transportation, predicting and preventing disease, determining ways to improve wellness, and delivering better nutrition” – areas that meet immediate needs of India.
• The report cited the US-India Strategic and Commercial Dialogue as initiatives that had the potential for bilateral funding of R&D. Among innovators in India measured by the number of patents obtained in the last five years, Infosys led with 281; it was followed by TCS with 244, Ranbaxy 196, Wockhardt 160, and SunPharma 84. During this period, about 2,000 patents received by GE had Indian inventors, the report said. IBM came next with Indians involved in nearly 1,900 patents.
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