new delhi 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 the latest gii rankings released in new york on tuesday put india at 57th position and china at 17th in 2018 as compared to their last years rankings of 60th and 22nd respectively giving insight into their innovation capabilities and results switzerland retained its numberone spot in the gii ranking and figured with netherlands sweden the united kingdom singapore united states of america finland denmark germany and ireland in the list of top 10 nationsthe global ranking is published by the world intellectual property organisation wipo a specialized agency of the united nations in association with cornell university and graduate business school insead indias confederation of indian industry cii is one of the knowledge partners which assists the gii team in bringing out the annual ranking the gii ranks the nations based on 80 indicators ranging from intellectual property filing rates to rd mobile application creation online creativity computer software spending education spending scientific technical publications and ease of starting businessindia maintains its top place in the central and south asia region consistently moving up on global ranking from 81st in 2015 to 57th this year the country has in fact climbed up the list third year in a row it ranked at 66th position in 2016 and 60th last year given its size and innovation development india has the potential to make a true difference to the global innovation landscape in the years to come the indian government and cii are working closely with the gii team to further improve the indian innovation performance said chandrajit banerjee director general of the ciithe gii report shows that india has been improving its ranking on the basis of certain indicators which are flagged as the countrys strength it includes indias human capital graduates in science engineering growth rate of gdp per worker exports of information and communication technology ict and services productivity growth and creative goods exports among othersindia has in fact outperformed on innovation relative to its gdp per capita for eight years in a row the country however fared badly on other indicators including political stability safety ease of starting business overall education and environmental performance which are described as its weakness over time a number of emerging economies stand out for being real movers and shakers in the innovation landscape said soumitra dutta former dean and professor of management at cornell university while noting rise of china and india on this front published annually since 2007 the gii is considered a leading benchmarking tool for business executives policy makers and others seeking insight into the state of innovation around the world its being used by them to evaluate progress on a continual basis