India Slips to 40th Rank in 2020 U.S. Chamber International IP Index, US Tops

India Slips to 40th Rank in 2020 U.S. Chamber International IP Index, US Tops

• India has been ranked at 40th position among 53 global economies in the 2020 International Intellectual Property (IP) Index, according to the report released by US Chamber of Commerce’s Global Innovation Policy Center on 5th February.
• This is the eighth edition of the annual U.S. Chamber International IP Index, with the theme “The Art of the Possible.”
• Last year India was ranked at 36th position out of 50 countries.
• However, India’s score increased from 36.04 percent in 2019 to 38.46 percent in 2020, a 2.42 per cent jump.

• Venezuela is the lowest ranking country in the index at 53rd spot with a score of 14.22

Points to Remember:

1. Rank of India in the 2020 U.S. Chamber International IP Index?
2. Top ranking country?
3. Which body releases the International Intellectual Property (IP) Index?