Rising IPR imports draining India’s forex; 2021 outgo at $8.6 billion
In the last four decades, India’s payment for the use of intellectual property rose by 56,862% from $15.1 million in 1981 to $8,631.3 million in 2021.
In the last four decades, India’s payment for the use of intellectual property rose by 56,862% from $15.1 million in 1981 to $8,631.3 million in 2021.