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GI Registration jumps three-fold; Design and Copyright registrations at all-time high
Patents Rules, 2024 notified with several provisions to simplify Patent prosecution and maintenance
The Patent Rules, 2024 has been officially notified, marking a significant milestone in the journey towards fostering innovation and economic development. These rules introduce several provisions aimed at simplifying the process of obtaining and managing patents, thereby facilitating a conducive environment for inventors and creators. It is expected to accelerate economic development of the nation through science and technology to fulfil the Viksit Bharat Sankalp.

Some salient features of the revamped Rules are as follows:
The Government is committed to enhancing the IP ecosystem and administration in the country
Patents
Every 6 minutes one technology is seeking IP protection in India. In 2023, an all-time high of 90300 patent applications were received. Patent office granted over one lakh Patents in the last one year (15-Mar-2023 to 14-Mar-2024). Every working day, 250 patents were granted.
Geographical Indications
There has been a notable surge in Geographical Indication (GI) registrations, demonstrating a threefold increase compared to the previous year. As on date, 573 GIs are registered in India. In 2023-24, 98 new GIs have been registered and another 62 will be registered by 31st March 2024. In addition, 11621 authorized users are registered, and an additional 2575 users will be registered by 31st March 2024.
Copyright
The fiscal year 2023-24 witnessed a record-breaking number of copyright registrations, totalling 36,378, thus underscoring the vast potential within the creative sector. Measures to further promote awareness about the strategic role of copyright in creative industry is planned.
Design
During the fiscal year 2023-24, the highest number of design registrations to date, totalling 27,819, were recorded, alongside final disposal of 30,450 applications. Over 1.25 lakhs students participated in Toycathon, an initiative jointly organized by J&K SCERT and Indian IP Office. 115 novel designs by J&K School students received through the event were registered.
Trade Marks
The Trade Marks Registry is fully committed to issue the examination report within 30 days post receiving a trademark application. The registry is offering trademark protection in the shortest possible time.
IP Awareness
In the last 2 years, NIPAM has offered IP Training to 24 lakh youths, especially students and teachers and has covered over 7000 institutions.
Patent Rules reform streamlines patent prosecution and maintenance, reducing timelines and simplifying extensions and filings. Notification of the Patent Rules, 2024 introduces procedural reforms to simplify patent prosecution and maintenance, including a Certificate of Inventorship, Form 31 for grace period claims, reduced time for request for examination, revised timing for foreign filing details in Form 8, explicit repeatable extensions and condonation up to six months, an advance electronic renewal fee discount, reduced frequency and limited condonation for Form 27 statements, and clarified pre grant representation procedures with prescribed fees to curb fraudulent oppositions.Press 'Enter' after typing page number.