UP ranks 7th in Innovation Index 2021

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Lucknow, 22 July: Uttar Pradesh has climbed the ladder and gained two spots to attain seventh position in the India Innovation Index 2021. Innovation Index is regarded as a comprehensive tool for assessing and developing the country’s innovative ecosystem. The state is now placed seventh in the largest states category, up from ninth in 2020.

The National Institution for Transforming India (Niti) Aayog launched the India Innovation Index 2021 report in New Delhi on Thursday.

According to authorities, UP ranked top in business environment, strong cluster strength, and considerable proportion of manufacturing and service sector as a percentage of gross state domestic product (GSDP).

Uttar Pradesh has risen to the top five in the knowledge-output pillar. Senior officials observe that the high score is due to an increase in startups and new firms.

Innovation-led entrepreneurship is critical to the ‘Make in India’ and ‘Aatmanirbhar Bharat’ programs, and the state is determined to establish an innovation-friendly environment to boost startups, manufacturing, and services, according to Abhishek Prakash, Chief Executive Officer of Invest UP. Due to a high percentage of ICT exports, high-tech exports, and citations, Uttar Pradesh scored higher than the national average of 5.81 in Knowledge Diffusion, he noted. Knowledge Diffusion denotes the state’s potential for knowledge absorption, which has two sub-pillars: knowledge dissemination and creative goods and services.

Niti Aayog and Institute for Competitiveness’ have come up with India Innovation Index, which forms evaluation methodology that rates States and union territories based on their innovation performance.

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