Minister: India becomes leader among world’s largest economies for growth in intangible investment

India has become the fastest-growing of the world’s largest economies in terms of intangible investment. This was stated by the country’s Minister of Commerce and Industry, Piyush Goyal, citing data from the World Intellectual Property Organisation (WIPO) report World Intangible Investment Report 2026. The minister’s remarks were reported by ANI, a partner of TV BRICS.

"The report highlights the growth of India’s intangible investments in areas such as software, research and development (R&D), intellectual property, innovation and organisational capacity, which are shaping the economy of the future [...] India remains the world’s fastest-growing major economy and is consistently building a future based on knowledge, ideas, innovation and entrepreneurship," the minister noted.

He added that India had demonstrated the highest growth rate in intangible investment among the world’s 15 largest economies: in 2023, the country reached US$78.2 billion, an increase of 7.9 per cent, which exceeds the figures for tangible assets.

According to the report, nearly 45 per cent of all India’s intangible investments were in software and databases – the highest share among all countries in the study. Organisational capital accounted for 21.8 per cent, and brands for 9.3 per cent, which, it is noted, reflects the strength of India’s IT sector. The report’s authors attribute the growth in such investments to the country’s transition to a more technology-driven and innovative economy.

According to Goyal, this growth reflects the results of systemic reforms, digital transformation and support for start-ups.