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Intellectual Property (IP) intensive industry is not defined. However, Department for Promotion of Industry and Internal Trade has taken various initiatives to strengthen Intellectual Property Rights (IPR) Regime in India like, legislative improvements, modernisation of IP offices, manpower augmentation, use of IT and technology in e-filing of applications, acceptance of email in all Indian Patent Office (IPO) transactions, online delivery of certificates of grant/registration of patent, trademark and designs in digital format, use of video-conferencing for hearing of IP applications, SMS alert to give updates, expedited examination of IP applications, spreading awareness in IPR, India’s accession to the World Intellectual Property Organization (WIPO) administered treaties and signing of pilot Patent Prosecution Highway (PPH) project with Japan in the month of December 2019.
Impacts of the initiatives taken during last 5 years are as under:
The Government of India has been working steadily to improve India’s ranking in Global Innovation Index (GII) and this is evident from the fact that India has been consistently moving up on global ranking in past few years. India’s ranking has improved from 81 in 2015 to 52 in 2019 in GII.
This information was given by the Minister of Commerce and Industry, Shri Piyush Goyal, in a written reply to the Rajya Sabha today.
Intellectual property rights modernization accelerates trademark and patent processing, improving registration and examination efficiency and international rankings. Strengthening the Intellectual Property Rights (IPR) Regime in India involves legislative and administrative reforms, IP office modernisation, expanded IT use for e filing and digital delivery, acceptance of electronic communications, expedited examination, and international cooperation, resulting in reduced examination and registration times, increased trademark registrations, higher volumes of patent examination and grants, and improved Global Innovation Index performance.Press 'Enter' after typing page number.