India has consistently been climbing up its Global Innovation Index (GII) rankings since 2015, but the country still has to improve on many indicators to catch up with China and others in the list of 126 nations.

India scored a major improvement in its Global Innovation Index ranking this year, moving up to the 66th place from 81 in 2015. India's better performance in the latest index readings was due to its strengths in tertiary education, software exports, corporate R&D and market sophistication.