India ranks 37th on USCC’s 2016 Intellectual Property Index.

 In as of late discharged Intellectual Property Index (IPI) by United States Chamber of Commerce (USCC), India was positioned 37th among the studied 38 nations. These 38 nations benchmarked in the 2016 file represents about 85% of the worldwide GDP. Venezuela positioned most reduced underneath India at 38th position with 6.42 focuses on the file.

Key highlights:

In this release of IP Index, India has scored a low 7.0 out of most extreme 30 focuses.

Main 10 Countries: US (28.6 score), UK (27.5), Germany (27.4), France (27.2), Sweden (27.1), Singapore (25.6), Switzerland (24.9), Australia (24.8), Japan (23.3) and South Korea (23.3). BRICS Countries: Russia (twentieth Rank), China (22nd), South Africa (26th), Brazil (29th) and India (37th).

Reasons behind India's lower positioning: Patent insurance in India stays outside of worldwide best practices. Indian laws don't give satisfactory authorization components to battle online robbery adequately. About Intellectual Property Index The list depends on 30 parameters (each having one point) settled by US Chamber's Global Intellectual Property Center (GIPC). It was begun in 2012 and some of its criteria are patent, copyright and trademark insurances, implementation and engagement in global bargains.