Karnataka, overall, is the most “innovative” State, followed by Dadra and Nagar Haveli, Daman and Diu (DNH&DD), Telangana, and Tamil Nadu, according to a poll on the level of innovation among manufacturing enterprises.
The percentage of innovative businesses was highest in Telangana, Karnataka, and Tamil Nadu (46.18%, 39.10%, and 31.90%, respectively), while it was lowest in Odisha, Bihar, and Jharkhand (12.78%, 13.47%, and 13.71%, respectively).
Nearly three-fourths of the 8,000 or so businesses surveyed—the majority of which were micro, small, and medium-sized businesses (MSME)—did not create any innovative products or business processes between the financial years of 2017 and 2020, the period covered by the survey.
However, almost 80% of the businesses that did so reported notable successes like growing markets and lowering production costs.
Lack of internal funding, high innovation expenses, and a lack of outside funding were the “barriers to innovation” that were most frequently encountered. Gujarat and DNH&DD, two of India’s most industrialized States, showed the highest rates of innovation obstacles.
The National Manufacturing Innovation Survey (NMIS) 2021–22, a collaboration between the Department of Science and Technology (DST) and the United Nations Industrial Development Organization (UNIDO), aims to assess how well manufacturing companies in India perform in terms of innovation.
The NMIS 2021–22 study was designed as a two-pronged survey that looked at manufacturing firms’ innovation methods, results, and impediments as well as the innovation ecosystem that influences these firms’ innovation outcomes. The test is a continuation of the DST’s initial National Innovation Survey, which was conducted in 2011.
