India ranks 42 among 55 countries on 'International IP Index'

India ranks 42 among 55 countries on 'International IP Index'

Daily Current Affairs   /   India ranks 42 among 55 countries on 'International IP Index'

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Category : International Published on: February 28 2023

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  • India has been ranked 42 out of 55 countries in the latest International IP Index report by the US Chamber of Commerce.
  • The United States ranks first in the 2023 index, followed by the UK and France.
  • India is poised to become a leader for emerging markets seeking to transform their economies through IP-driven innovation.
  • India has taken steps to improve enforcement against copyright-infringement and provides a best-in-class framework to promote better understanding and use of IP assets.
  • International Intellectual Property Index is an annual report compiled by the US Chambers of Commerce.
  • It evaluates the protection of IP rights in the world's 55 major economies, which represent approximately 90% of global GDP.
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