Washington: India ranks 42nd among 55 leading global economies on the International IP Index released by the US Chambers of Commerce, according to which India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation.
“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,” Patrick
Kilbride, senior vice president of the US Chamber of Commerce Global Innovation Policy Center who publishes the annual report said Friday.
According to the report, which covers everything from patent and copyright laws to the ability to monetize IP assets and the ratification of international agreements, India has maintained continued strong efforts in copyright piracy through the issuing of “dynamic” injunction orders.