In 2019, the ease of doing business score for India was **. The country leaped to the **** rank in the world rankings from *** in 2014, indicating that there was a steady improvement in business practices and regulations across India.   The ease of doing business report  The ease of doing business report ranks economies based on specific parameters with a score from * to ***, with first place being the best. The index score indicates the percentage of the best result any country can achieve. A high score means that the regulatory environment is conducive to business operation. This report is published annually by the World Bank Group since 2003. The knowledge gained from this has become a hallmark for the private sector and has paved the way for several regulatory reforms in many developing countries across the globe.   Who does it impact?  The information imparted relative to ease of doing business is used by policy makers, academics, development experts, business communities and relevant stakeholders to underscore the regulatory facets within a specific business climate with the aim of promoting reform. Economic activity, relative to new businesses, requires effective and sustainable policies to facilitate entrepreneurship, enhance productivity, and as a derivative, abate unemployment, minimize corruption and alleviate poverty. The study factors in quantitative metrics of regulations for business startups. These include dealing with construction permits, labor and employment law, property tax and registration, credit loans, trade laws across borders and enforcing contracts and insolvency resolution.

This statistic illustrates the rankings of India across World Bank parameters on ease of doing business index in assessment year 2018, by parameter. During the measured time period, India was ranked ****** regarding the protection of minority investors by the World Bank.

Since fiscal year 2008, there have been more than ******* industrial trademark filings in India. The number of filings increased each subsequent year. Trademarks are used by companies to protect ownership over their brand, prevent others from using it, and it even provides them with the ability to sell, license or franchise their brand.

Trademarks at a glance  

Naturally, trademarks cover every industry, and in 2022 research and technology comprised the largest share of global trademark applications. India is a leader in trademark registrations worldwide, and currently has ** industry trademark classes. Trademark registration is handled by the Controller General of Patents Design & Trademarks, which works under the Ministry of Commerce & Industry.

India's growing economy  

India’s economy is projected to grow by *** percent in financial year 2024. The number of trademark registrations in India in the past few years have been multiple times higher than those in the period between 2008 and 2016. This may be a result of India’s ease of doing business ranking which has considerably improved in recent years, in addition to its expanding economy. Additionally, the country has aggressively pushed digitization, and the number of tech startups which have continued to rise, permeate nearly every industry.