NATIONAL MANUFACTURING INNOVATION SURVEY – REPORTS AND INDICES
News: Karnataka
ranked the most ‘innovative’ State by the National Manufacturing Innovation
Survey
What's in the news?
● A
survey on the degree of innovation among manufacturing firms found that Karnataka, overall, is the most
“innovative” State, followed by Dadra and Nagar Haveli, Daman and Diu
(DNH&DD), Telangana, and Tamil Nadu.
Key takeaways:
● Telangana, Karnataka, and
Tamil Nadu had the highest share of innovative firms
at 46.18% ,39.10% and 31.90%, respectively, with Odisha, Bihar, and Jharkhand
reporting the lowest share of such firms at 12.78%, 13.47% and 13.71%,
respectively.
National Manufacturing Innovation Survey:
● The
National Manufacturing Innovation Survey (NMIS) 2021-22 conducted jointly by the Department of Science and
Technology and the United Nations Industrial Development Organization found
that Karnataka is the most innovative state in India.
Targeting 5 sectors:
● Textiles
● Food
& beverage
● Automotive
● Pharma
● ICT
Ranking of the states:
● Telangana,
Karnataka, and Tamil Nadu had the highest share of innovative firms, while
Odisha, Bihar, and Jharkhand had the lowest share.
Highlights of the survey:
● The
survey examined the innovation processes, outcomes, and barriers in
manufacturing firms, and also studied the innovation ecosystem that affects
innovation outcomes in these firms.
● Nearly three-fourths of the firms surveyed did
not make any innovative product or business process innovation during the
survey period of financial year 2017-2020.
● The
most frequent barriers to innovation were a lack of internal funds, high innovation costs, and a lack of financing
from external sources.