In 2018, India ranked 36th for "market sophistication" (with a score of 53.44 on 100), which includes credit, investment, and trade, competition, and market scale.
The US ranked first with a score of 85.12 for "market sophistication". This component for India is marked as a strength by the index. The Global Innovation Index (GII) 2018 provides detailed metrics about the innovation performance of 126 countries which represent 90.8% of the world's population and 96.3% of global GDP.