India ranked at 42 out of the 55 countries in the International IP Index 2024 with an overall score of 38.64 per cent. The index was released by US Chamber of Commerce on 28 February 2024.
- The United States emerged at the top of the list followed by the United Kingdom and France.
- As per US Chamber of Commerce, the Index demonstrates the benefits that economies can receive when they adopt robust and enforceable IP standards.
- Policymakers in India are recognizing the critical link between IP rights and economic activity, which will underscore India’s global competitiveness.