Even though India’s rank fell, “Asia had the greatest improvement in the regional average score as a result of score improvements in Malaysia and Singapore, in addition to Thailand and Vietnam”, claims the US Chamber of Commerce which published the report last week.
In the most recent International IP Index study from the US Chamber of Commerce, India came in at number 42 out of 55 nations.
The yearly International IP Index assesses the enforcement of intellectual property rights in 55 of the most developed nations, which collectively account for 90% of global GDP.
The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).Final growth rate of Index of eight core industries for August 2022 is revised to 4.2 per cent from its provisional level 3.3 per cent.