Innovative!ndia: Rise In Patent Filings In India

Author:R. K Dewan & Co
Profession:R. K. Dewan & Co

The awareness for protection of intellectual property rights in India is on an evident rise. It has been reported that more than 2000 international patent applications were filed from India in the year 2018 at the office of World Intellectual Property Organization (WIPO). This is calculated to be a leap of around 27% from the number of patent applications filed in 2017. Statistically speaking, a growth by 27% is said to be the highest growth rate for any country. Within the country, India has witnessed around 50,000 patent application filings in 2017-18 alone. India's success also...

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