In the 1990s, India's economy liberalized and acceptance grew that India's policies will need to conform to international treaties and conventions. New Delhi has sought to achieve this by balancing its international obligations and its domestic priorities. This is reflected well in the new IPR policy, the overarching slogan being "Creative India: Innovative India".
The Hudson Institute, in conjunction with the U.S Chamber of Commerce's Global IP Center, held a half-day conference on India's Intellectual Property Rights policy on June 30th, 2016. The conference included two panels: India in Isolation - The Growth of Multilateral Trade Pacts; and National IPR Policy - The Good, the Bad, and the Ugly. The panelists discussed the prospects of an innovative environment in the wake of the new IPR policy.