India ranks 36th in the ranking of 170 countries around the world in terms of readiness to adopt leading technologies. The United Nations has released a report in this regard. According to the World Body report, India’s rankings have improved compared to previous years.
The Technology and Innovation Report released by the United Nations Trade and Development (UNCTAD) stated that India ranks 36th in the ‘readiness for leading technology’ index in 2024, which is better than its performance in 2022. In 2022, India was ranked 48th in this index.
This ranking includes countries that show readiness in adopting new and important techniques.
The index consists of indicators of ICT (Information and Communication Technology) Periodic, Skill, Research and Development (R&D) activity, industrial capacity and access to finance.
India ranks 99th for ICT, 113rd for skill, third for R&D, 10th for industrial capacity and 70th for finance.
The report said that the ranking of Bhutan, India, Morocco, Maldova Republic and Timor-Ltest has improved in terms of human resources.
This report states that Brazil, China, India and Philippines are developing countries which are doing better in technology readiness.
According to the report, “it can be expected that countries with high GDP (GDP) per person are better prepared for state -of -the -art techniques.” But… some countries perform better than their income level, as indicated by index scores per person per capita GDP. ”
It also states, “Developing countries need to keep themselves ready for a world that is rapidly taking a new look by changing technology and AI (artificial intelligence). Developed countries are at the top of this rankings, but some developing countries like Singapore, China and India have also topped. ”
According to the report, China, Germany, India, Britain and America have shown their scientific strength in the field of AI. It said that the US is at the forefront of investing in AI and in 2023, the US invested $ 67 billion in AI. This is 70 percent of the investment in the field of AI in the world. After this, China has invested $ 7.8 billion in AI and is second. India ranks 10th in this case with an investment of $ 1.4 billion.
The report said that by the year 2033, the AI market worldwide will be 4.8 trillion dollars and will play an important role in digital changes.
However, AI infrastructure and expertise access to a few economies. 100 major companies are working in the AI sector and most of them are in the US and China. Both these countries are spending 40 percent of the total expenditure in research and development in AI.