SME Times is powered by   
Search News
Just in:   • CJI Sanjiv Khanna retires today  • Indian rupee opens stronger against US dollar  • Madhya Pradesh: Women of Jabalpur count benefits of Ujjwala Yojana, thank PM Modi  • BJP's nationwide ‘Tiranga Yatra’ today to honour armed forces  • Shivraj Singh to visit Chhattisgarh today; give nod for over 3 lakh new houses under PMAY-G 
Last updated: 24 Feb, 2023  

IPR.9.Thmb.jpg India slips to 43rd rank in US Chamber of Commerce's IPR index

IPR.9.jpg
   Top Stories
» Indian rupee opens stronger against US dollar
» Sensex surges over 2,100 pts, Nifty above 24,650
» Foreign investors infuse over Rs 14,000 crore into equity in May
» Sensex, Nifty open nearly flat as geopolitical tensions continue
» Sensex, Nifty gain in early trade as India carries out ‘Operation Sindoor’
IANS | 24 Feb, 2023
India has slipped to the 43rd spot in the US Chamber of Commerce's latest International Intellectual Property Rights index.

India is ranked 43rd out of 55 countries for 2022. It was ranked 40th in the index in 2021.

The index was launched by the US Chamber of Commerce's Global Innovation Policy Centre and is closely monitored by the Indian government.

The index has said in its finding that a torrent of proposals - both domestic and international - are threatening to erode intellectual property (IP) rights.

The annual international IP index evaluates the protection of IP rights in 55 of the world's leading economies, together representing approximately 90 per cent of global GDP.

The report covers everything from patent and copyright laws to the ability to monetise IP assets and the ratification of international agreements.

By analysing the IP landscape in global markets, the index aims to help nations navigate toward a brighter economic future marked by greater innovation, creativity, and competitiveness.

"As India's size and economic influence grows on the world stage, India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation," said Patrick Kilbride, senior vice president of the US Chamber of Commerce's Global Innovation Policy Center, which publishes the annual report.

"India has taken steps to improve enforcement against copyright-infringing content and provides a best-in-class framework to promote better understanding and utilization of IP assets. However, address long-standing gaps in its IP framework will be critical to India's ability to creating a new model for the region and India's continued economic growth," Kilbride said.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter