India ranks ___ among 55 leading global economies on the International IP Index released by the U.S. Chambers of Commerce that evaluates the protection of IP rights in world’s leading economies.

Solution

  India ranks 42nd among 55 leading global economies on the International IP Index released by the U.S. Chambers of Commerce, according to which India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation.The annual International IP Index evaluates the protection of IP rights in 55 of the world’s leading economies, together representing around 90% of global GDP. The report covers everything from patent and copyright laws to the ability to monetize IP assets and the ratification of international agreements.