- India has ranked 42nd among 55 leading global economies on the International IP Index released by the U.S. Chambers of Commerce.
- The United States ranks first in the 2023 index, followed by the UK and France.
- According to the report, India’s size and economic influence is growing on the world stage.
- 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.
- The index aims to help nations navigate toward a brighter economic future marked by greater innovation, creativity, and competitiveness.
- International IPIndex 2023: The United States is ranked first, followed by the UK and France. India is ranked 42nd in the index.