In­dia Stays Near Bot­tom in Pa­tent Pro­tec­tion In­dex

The Economic Times - - Economy: Macro, Micro & More -

In­dia re­mains one of the worst per­form­ers in pa­tent pro­tec­tion with only two coun­tries ranked lower in a list­ing of 45 coun­tries on pro­tec­tion of in­tel­lec­tual prop­erty com­piled by the US Cham­ber of Com­merce. Out of a to­tal of 35 points, In­dia scores a mea­gre 8.75 to fin­ish 43rd in the fifth edi­tion of An­nual In­ter­na­tional IP In­dex. The coun­try re­mained close to bot­tom in the pre­vi­ous edi­tions as well. Last year, In­dia was ranked 37 out of 38 coun­tries with a score of just 7.05 out of 30. “In­dia has seen a slight im­prove­ment in its scores over­all. How­ever, this in­crease is largely be­cause of a rel­a­tively strong per­for­mance on the five new in­di­ca­tors in­cluded in the in­dex and not from any ac­tual im­prove­ments to their na­tional IP,” said the re­port re­leased on Wed­nes­day. The new in­di­ca­tors in­cluded de­sign rights and some grow­ing ar­eas of con­cern to rights-hold­ers such as pa­tent op­po­si­tion pro­ceed­ings. —Our Bureau

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