New Delhi: Patents and industrial design filings in the country have doubled during 2018-23, while trademarks have risen by 60 per cent, according to the commerce and industry ministry data.
It also said that India ranks sixth globally with 64,480 patent filings, led by resident innovation. The data showed that more than half (55.2 per cent) of these patent applications have been filed by Indian residents.
India’s IP (intellectual property) office is the second highest globally in trademarks, with 3.2 million registrations in 2023, it added.
The data showed that more than half (55.2 per cent) of these patent applications have been filed by Indian residents. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
