International IP Index 2024: India’s Position Remain Unchanged

The International IP Index (IP Index) by the U.S. Chamber provides a blueprint for economies aiming to enhance the environment for innovation and creativity by implementing more robust intellectual property (IP) standards.

The 12th IP Index assesses intellectual property systems in the world's leading 55 economies using 50 distinct criteria. Through this data, economies can identify ways to enhance innovation and creativity driven by IP and reveals trends in global IP protection.

According to the Index 2024, India maintained its 42nd position with a score of 38.64%, unchanged since 2022. The report highlighted concerns over India's IP regime, pointing out the dissolution of the Intellectual Property Appellate Board in 2021 and a judiciary that lacks adequate resources. While acknowledging certain IP strengths such as the Cinematograph (Amendment) Bill 2023, the report urged leading economies like the USA and EU to reaffirm their IP policy leadership. Additionally, it cautioned against counterproductive measures like IP waivers for COVID-19 treatments.