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National Manufacturing Innovation Survey (NMIS) 2021-22

Context:

The Secretary, the Department of Science and Technology, recently released the “National Manufacturing Innovation Survey (NMIS) 2021-22: Summary for Policymakers”.

About National Manufacturing Innovation Survey:

It is a joint study by the Department of Science and Technology (DST) and the United Nations Industrial Development Organization
Aim: To evaluate the innovation performance of manufacturing firms in India.

Findings of the survey:

Karnataka, overall, is the most “innovative” State, followed by Dadra and Nagar Haveli, Daman and Diu, Telangana, and Tamil Nadu.
Telangana, Karnataka, and Tamil Nadu had the highest share of innovative firms at 46.18%, 39.1%, and 31.9%, respectively, with Odisha, Bihar, and Jharkhand reporting the lowest share of such firms.
Barriers to innovation:
- Lack of internal funds
- High innovation costs
- Lack of financing from external sources.
Gujarat and Dadra and Nagar Haveli, Daman, and Diu reported the highest frequencies of barriers to innovation.

News Source: PIB

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