In the fiscal year 2023-24, India saw a record number of patents granted, reflecting the country's growing innovation landscape. The Indian government's streamlined processes and initiatives to promote intellectual property protection contributed to this surge. Significant sectors include pharmaceuticals, technology, and engineering. This milestone highlights India's expanding role in global innovation and IP development.
The patent registrations in India saw an impressive 243% growth in 2023-24 compared to 2021-22. This surge highlights the country's enhanced focus on innovation and intellectual property rights. Government reforms, faster processing times, and increased awareness have contributed to this remarkable rise. The growth reflects India's strengthening position in the global innovation landscape.
A robust Intellectual Property Rights (IPR) environment is crucial for India's seed sector as the country strives to achieve the "VIksit Bharat"tag by 2047
The number of patents granted by the Indian Patent Office has crossed the one lakh mark for the first time this year,with 1,01,311 patents being granted between March 15,2023 to March 14,2024
Indian patent regime strikes “just the right balance” between protection of intellectual property rights and the need to stimulate R&Dtalent.
Welcome to Safe Trade Approvals, your trusted partner in safeguarding Intellectual
Property Rights. We are driven by a commitment to excellence, expertise, and unwavering
ethical standards. Our mission is to provide exceptional value to our clients by
delivering superior proficiency and uncompromised quality in all our services.
As we embark on our journey in the field of intellectual property, we understand the
paramount importance of protecting and executing ideas. We eagerly anticipate
collaborating with and advising intellectual property owners from around the world as we
continue to make a meaningful impact in this dynamic field. Safe Trade Approvals is more
than just a service provider; we are your dedicated partners in safeguarding and
nurturing your intellectual property assets. Thank you for choosing us as your
intellectual property partner. Together, we will transform your ideas into enduring
assets that thrive in today's ever-evolving landscape.
Advocate (Dr.) Ramanjit Kaur
P.hD (Intellectual Property Rights)
Founder, Safe Trade Approvals
ATTORNEY AT LAW SUPREME COURT OF INDIA, HIGH COURTS, DISTRICT COURTS, TRIBUNALS, TRADE MARK REGISTRY
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