India in global top 10 for patents, trademarks & designs | Akashvani News is among the main developments being tracked today. India in global top 10 for patents, trademarks & designs .
India has secured a spot in the global top 10 countries in Patents, Trademarks, and Industrial Designs in the World Intellectual Property Indicators 2024 report.
The report reveals significant growth in patent, trademark, and industrial design applications across top economies.
India continues to solidify its place as a global leader in the intellectual property, and IP landscape by showing substantial progress and marking new milestones in IP activity.
Commerce and Industry Ministry said in a statement that India ranks sixth globally for patents with 64 thousand 480 applications, with resident filings accounting for over half of all submissions.
The patent office also granted 149.4 per cent more patents in 2023 compared to the previous year, underlining the country’s fast-evolving IP ecosystem.
For India coverage, the central issue is whether the development changes public services, civic life, policy delivery, citizen rights, institutional accountability or local administration.
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