India ranked 44th out of 50 countries in 6th edition of Intellectual Property Index

India has been ranked 44th out of 50 countries in the 6th edition of Intellectual Property Index (IPI-2018), which is released by U.S. Chamber of Commerce Global Innovation Policy Center (GIPC). As per report, India’s ranking reflects a relatively strong performance in the new indicators as well as positive reform efforts on patentability of computer-implemented inventions (CIIs) and registration procedures for well-known marks. The United States has topped the list, followed by the U.K and Sweden.