<h1>Patent Office Grants Over 100K Patents in 2023-2024, Boosting Innovation with New Rules and IP Ecosystem Enhancements.</h1> The Patent Office granted over one lakh patents between March 2023 and March 2024, reflecting a significant increase in intellectual property activity. The newly notified Patent Rules, 2024, aim to simplify patent processes, encouraging innovation and economic growth. Key changes include a new Certificate of Inventorship, streamlined grace period claims, reduced examination request timelines, and simplified extension procedures. Geographical Indication registrations tripled, reaching 573, while copyright and design registrations hit record highs. The Trade Marks Registry is expediting examination reports, and IP awareness initiatives have reached millions, highlighting the government's commitment to strengthening the IP ecosystem.