What is III?
- III is a new index launched by NITI Aayog and CII.
- Based on the WEF’s GII (Global Innovation Index), the India Innovation Index is tailored to better reflect of India’s ground reality and include metrics well suited to the Indian context for innovation.
- The index has been jointly developed by NITI Aayog, DIPP and CII in consultation with World Economic Forum (WEF), World Intellectual Property Organization (WIPO), Cornell University, UNIDO, ILO, OECD, UNESCO, ITU etc.
What is the objective of III?
The index’s objective is to rank Indian states on innovations through the portal that will capture data on innovation from all states on innovation and regularly update it in real time