India has been ranked 40th out of 53 countries on a global intellectual property index 2020. India was placed at 36th position among 50 countries in 2019. India’s score, however, increased from 36.04 per cent (16.22 out of 45) in 2019 to 38.46 per cent (19.23 out of 50) in 2020, a 2.42 per cent jump in an absolute score.
The US, UK, Sweden, France and Germany remained the top five economies on the intellectual property index in 2019 retaining their spots from the last year. The index was released as part of the annual report prepared by the Global Innovation Policy Center (GIPC) of the US Chambers of Commerce.