New Delhi: Rapid rise in patents and start-ups shows knowledge and innovation backed economic growth in the country. The Economic Survey 2023-24, tabled by Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman at the Parliament today, presents a strong case for a holistic innovation driven industrial ecosystem. The Survey notes that there has been an advancement of industrial research and development in recent years as evident from India’s consistent improvement in the Global Innovation Index. India holds the top rank globally in the domestic market scale indicator of…
Read MoreMassive spike in number of patents awarded
