India ranks 42nd among 55 leading global economies in the International IP Index

Current Affairs

  • 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.

Google search