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Innovation: Trending Up but needs thrust, especially from the Private Sector 241
Figure 2: Global Leaders in Innovation in 2020
Source: GII 2020 Report
8.4 India performed particularly well regionally and in its income category, ranking first in
the GII rankings in Central and South Asia, and third amongst lower middle-income group
economies (see Figure 2). India performed above expectation for its level of development in
terms of innovation (see Figure 3).