India with a score of 38.40 has been ranked 40th out of 53 Global Economies in the 9th Edition of the ‘International Intellectual Property (IIP) Index.
This index titled 'Recovery through Ingenuity 2021’ is released by US Chamber of Commerce Global Innovation Policy Centre (GIPC).
USA, UK & Germany topped the Index.
The IIP Index released annually by GIPC evaluates the IP rights, patents, copyright policies, commercialization of IP assets and ratification of International Treaties of 53 Global economies.
The report states that the overall global IP environment has improved in 2020, with 32 out of 53 Countries recording positive improvements in their score.