Technology and Innovation Report 2025

Technology and Innovation Report Latest News

India has been ranked 10th in the world with significant private investments in Artificial Intelligence (AI) in 2023, according to the 2025 Technology and Innovation Report. 

About Technology and Innovation Report

• It was released by the UN Conference on Trade and Development (UNCTAD).
• It seeks to address issues in science, technology and innovation that are topical and important for developing countries in a comprehensive way with an emphasis on policy-relevant analysis and conclusions.
• The 2025 edition of the report, entitled: Inclusive artificial intelligence for development, aims to guide policymakers through the complex  Artificial Intelligence (AI) landscape and support them in designing science, technology and innovation policies that foster inclusive and equitable technological progress.

Highlights of the Technology and Innovation Report

• It shows that just 100 companies, mostly in the United States and China, are behind 40 percent of the world’s private investment in research and development, highlighting a sharp concentration of power.
• At the same time, 118 countries – mostly from the Global South – are missing from global AI governance discussions altogether.
• The report estimates that up to 40 percent of global jobs could be affected by AI. 
• To avoid being left behind, developing countries need to strengthen what UNCTAD calls the “three key leverage points”: infrastructure, data and skills. 
• India and China are the only developing countries in the world with significant private investments in AI in 2023.
• The US leads the world in terms of private investment in AI, at 67 billion US dollars in 2023, or 70 percent of global AI private investment. China was in second position, with 7.8 billion US dollars, and India in tenth position, with 1.4 billion dollars.
• India ranked 36th in 2024 out of 170 nations on the Readiness for Frontier Technologies Index, improving its position from 48th in 2022.

Technology and Innovation Report FAQs

Q1. Who publishes the technology and innovation report?

Ans. UN Conference on Trade and Development (UNCTAD)

Q2. What was India’s rank in 2024 on the Readiness for Frontier Technologies Index?

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Ans. 36th

Q3. Which developing countries were identified as having significant private investments in AI in 2023?

Ans. India and China

Source: NOA