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International IP Index 2024: India s position unchanged at 42 on International IP Index 2024

India maintained its 42nd position on the International IP Index 2024, with a score of 38.64%, unchanged since 2022, according to the US Chamber of Commerce. The report highlighted concerns over India s intellectual property (IP) regime, citing the dissolution of the Intellectual Property Appellate Board in 2021 and an under-resourced judiciary. While some IP strengths were noted, including the Cinematograph (Amendment) Bill 2023, the report urged top-ranked economies like the USA and EU to reassert IP policy leadership and warned against counterproductive measures like IP waivers for COVID-19 treatments.

U S Leads World in Protecting Work of Entrepreneurs and Artists, but New Policies Pose Risks, U S Chamber Research Shows

U S Leads World in Protecting Work of Entrepreneurs and Artists, but New Policies Pose Risks, U S Chamber Research Shows
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GIPC s International IP Index Shows Stagnation in Legal Frameworks Among Global IP Leaders

On February 22, the U.S. Chamber of Commerce’s Global Innovation Policy Center (GIPC) released the 2024 International IP Index, which provides an annual snapshot of the impact of legal developments in intellectual property (IP) on the innovation ecosystem in dozens of nations across the world.

The Pillars of Free Enterprise Rest on IP

Intellectual property rights are legal protections for creations of the mind, like inventions and artistic works. They provide safeguards for their hard-earned achievements.

U S Leads World in Protecting Work of Entrepreneurs and Artists, But New Policies Pose Risks, U S Chamber Research Shows

The U.S. Chamber of Commerce released the 12th edition of its International IP Index (IP Index), underscoring the pivotal role of intellectual property (IP) rights in driving innovation, creativity, and more.

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