India maintained its 42nd position on the International IP Index 2024, with a score of 38.64%, unchanged since 2022, according to the US Chamber of Commerce. The report highlighted concerns over India's intellectual property (IP) regime, citing the dissolution of the Intellectual Property Appellate Board in 2021 and an under-resourced judiciary. While some IP strengths were noted, including the Cinematograph (Amendment) Bill 2023, the report urged top-ranked economies like the USA and EU to reassert IP policy leadership and warned against counterproductive measures like IP waivers for COVID-19 treatments.
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