India ranks ___ among 55 leading global economies on the

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  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.