Innovation centres in the country doubled to 16 in the six-month period ending February this year, and took India into the top 5 global destinations for innovation, a report.
India has been rising in the ranks of favourite destinations to open innovation centres. Our previous research identified eight innovation centres in India in July 2015. India has since seen eight more innovation centres open their doors.
Bengaluru added four of the eight new innovation centres to emerge as the fifth global hub for innovation in a list led by Silicon Valley, London, Paris and Singapore.
Contributed By Sonia Narula