The World Intangible Investment Report 2026, launched by World Intellectual Property Organization and Luiss Business School, reaffirms India’s emergence as a global innovation powerhouse.

In a social media post, Union Commerce and Industry Minister Piyush Goyal said that the report highlights India’s growing intangible investment in areas such as software, R&D, intellectual property, innovation and organisational capabilities that are shaping the economy of the future. It mentions how India recorded the fastest growth in intangible investment among the world’s 15 largest economies, reaching 78.2 billion dollar in 2023, with 7.9 percent growth, ahead of tangible investment.

Mr Goyal added that driven by the energy and aspirations of the young innovators, entrepreneurs and creators, India remains the world’s fastest-growing major economy, a global bright spot, and is steadily building a knowledge-driven future powered by ideas, innovation and enterprise.

The Minister noted that under the leadership of the Prime Minister, India continues to strengthen its innovation ecosystem through sustained reforms, digital transformation and support for startups.