India Ranks 2nd in Global Innovation Index
India
The economic liberalisation that begun in 1990s has cleared the path for the urban middle class people to transform India into one of the world’s most fastest growing economies. In 2011 the Massachusetts Institute of technology’s publication, had announced its India list representing innovators under the age of 35 for their outstanding contribution in business and technology. The technology review of India are projects the achievements of many young inventors in the fields of biotechnology and medicine, nanotechnology and materials, computer and electronics hardware, energy, Internet and web and software. India ranks 4th in the computer and communication services exports. India’s efficiency score is 1.10 and GDP per capita(PPP) is $3703.5.
