{"id":2387,"date":"2026-07-09T20:05:34","date_gmt":"2026-07-09T14:35:34","guid":{"rendered":"https:\/\/theindianview.in\/en\/?p=2387"},"modified":"2026-07-09T20:05:34","modified_gmt":"2026-07-09T14:35:34","slug":"india-fastest-growing-major-economy-in-intangible-investments-piyush-goyal","status":"publish","type":"post","link":"https:\/\/theindianview.in\/en\/india-fastest-growing-major-economy-in-intangible-investments-piyush-goyal\/","title":{"rendered":"India fastest-growing major economy in intangible investments: Piyush Goyal"},"content":{"rendered":"\n

New Delhi ( Raghwendra Pratap Singh) : <\/strong>Commerce and Industry Minister Piyush Goyal on Wednesday said India has emerged as the fastest-growing major economy in intangible investments, citing the World Intangible Investment Report 2026, which highlights the country\u2019s growing investment in software, research and development (R&D), intellectual property and innovation-driven capabilities.<\/p>\n\n\n\n

Sharing the report\u2019s findings on X, Goyal said India is \u201cpowering the next era of innovation-led growth\u201d and steadily strengthening its position as a global innovation hub. According to the minister, the report highlights India\u2019s increasing investments in software, R&D, intellectual property, innovation and organisational capabilities that are shaping the economy of the future.<\/p>\n\n\n\n

He said India recorded the fastest growth in intangible investment among the world\u2019s 15 largest economies, with investment reaching USD 78.2 billion in 2023, registering 7.9 per cent growth, ahead of tangible investment. Goyal attributed the performance to sustained policy reforms, digital transformation and continued support for startups under the leadership of Prime Minister Narendra Modi.<\/p>\n\n\n\n

He said that driven by the energy and aspirations of young innovators, entrepreneurs and creators, India continues to be the world\u2019s fastest-growing major economy and is steadily building a knowledge-driven future powered by ideas, innovation and enterprise. <\/p>\n\n\n\n

According to the World Intangible Investment Report 2026, published by the World Intellectual Property Organization (WIPO) and Luiss Business School, India ranked as the fastest-growing economy in intangible investment among the world\u2019s 15 largest economies in 2023. The report noted that India\u2019s intangible investment exceeded that of several European economies. <\/p>\n\n\n\n

The report also highlighted India\u2019s strong focus on software and databases, which accounted for nearly 45 per cent of the country\u2019s total intangible investment in 2023\u2014the highest share among all economies covered in the study. Organisational capital contributed 21.8 per cent, while brands accounted for 9.3 per cent, reflecting the strength of India\u2019s information technology and software services sector.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

New Delhi ( Raghwendra Pratap Singh) : Commerce and Industry Minister Piyush Goyal on Wednesday said India has emerged as the fastest-growing major economy in intangible investments, citing the World Intangible Investment Report 2026, which highlights the country\u2019s growing investment in software, research and development (R&D), intellectual property and innovation-driven capabilities. 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