India has been ranked at 43rd place in the 2022 International Intellectual property (IP) Index released by the Global Innovation Policy Center of the U.S. Chamber of Commerce.
India is the second-largest steel-producing nation, as it manufactured 100.3 MT steel in 2020 and China produced 1 064.7 MT of steel in the same year. China recorded a 3 per cent decline to 1 032.8 MT in 2021.