India's innovation growth could surpass China's between 2025-2030: Report

The innovation competitiveness of India would see a significant rise with its growth rate probably surpassing China between 2025-2030, predicts a report released by China.

Published: 29th August 2017 08:49 PM  |   Last Updated: 29th August 2017 08:49 PM   |  A+A-

By ANI

BEIJING: The innovation competitiveness of India would see a significant rise with its growth rate probably surpassing China between 2025-2030, predicts a report released by China Science and Technology Exchange Center on Tuesday.
 
However, the BRICS Innovative Competitiveness Report 2017 ranks China first in terms of national comprehensive innovation competitiveness in 2016, followed by Russia, South Africa, Brazil and India.
 
The report shows that BRICS countries have become a "bellwether" in their respective regions, leading the neighboring countries in many aspects.
 
According to the report, the five BRICS countries, including China, Russia, South Africa, Brazil and India, is leading the development of science and technology, economy and society in their regions.
 
"The growth rate of Russia would fall and India would take over Russia in terms of its comprehensive Science, Technology, and Innovation (STI) competitiveness by 2030," The Global Times quoted the report as saying.
 
The report highlighted the BRICS countries’ 18 percent contribution of global GDP, 17 percent of global research and development investment and 27 percent of science papers published in international journals.
 
However, the report noted that BRICS still lag behind in terms of research, quality of education, modern infrastructure and eco-protection.
 
The upcoming BRICS Summit is scheduled to get open on September 2, in Xiamen, East China's Fujian Province.

Stay up to date on all the latest World news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp