TaxTMI 
TaxTMI 
Indian Patent Office has grants 1,03,057 patents in FY 2023-24
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....ndian Patent Office has grants 1,03,057 patents in FY 2023-24 <br>News and Press Release<br>Dated:- 30-7-2024<br><BR>Patent ecosystem in India to boost innovation and modernize Indian industry Patent Office has granted 1,03,057 patents in FY 2023-24. Various steps taken by the Government to further strengthen the Intellectual Property Rights (IPR) ecosystem in India are as under: 1. Modernizatio....
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....n of IP offices using IT enabled and advanced technologies: All documents filed before the Patent Office are completely digitized and are made available online for proceedings leading to final disposal. Resultantly, applicants need not visit Patent & Trade Marks Offices for filing, processing and getting Patent and Trademark grant/registration certificates. 2. Fees Incentives a) Owing to fee co....
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....ncessions in patents applications, there has been a significant increase in Patent filings by Startups, MSMEs and Educational Institutes and same is as under: Year Startups Small Entity Educational institutes (EI) (SU) (SE) Indian Foreign Indian Foreign Indian Foreign 2018-19 801 10 607 75 Fees Concession was given in Sep 2021 2019-20 1650 2 576 272 2020-21 1598 13 74....
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....4 53 2021-22 1482 19 985 384 7405 96 2022-23 2016 25 1329 429 19155 275 2023-24 2546 25 3421 128 23306 237 Similarly, 75% fee concessions at each stage of prosecution of Design applications are extended to startups and MSMEs and 50% to Trade Mark application filing. 3. Awareness in IPR and Recognition & Rewards to Top IP Achievers: National Intellectual Property Awareness ....
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....Mission (NIPAM) was launched in December 2021 to impart IP awareness and basic training in educational institutes across the country and as a consequence, more than 2 million persons have been trained about IPRs so far. Also, IP awards have been conferred every year to recognize and reward the top achievers and many among them were also invited as special guests to Government of India in the Repub....
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....lic Day Celebration 2024 to recognise their efforts. 4. Scheme for Facilitating Start-Ups Intellectual Property Protection (SIPP) SIPP scheme was launched in 2016 to support startups in safeguarding their IP rights (Patents, Trademarks and Designs) by providing opportunity to avail pro bono facilitation by empanelled IP experts and facilitation fees of the IP experts to be borne by the Governmen....
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....t. After the scheme, there has been a significant increase in IP applications by startups. Details about IP filing by startups are as under:- IP Increase in filing in last 6 years (2017-18 to 2023-24) Patents 355% Trade Marks 543% 5. Capacity Building: To address liquidation of the backlog applications, technical manpower strength in Patent office has increased by promoting various office....
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....rs to the post of Controllers in the Patent office, and further, young professionals and technical assistants were engaged on contractual basis to support Controller's decision making. This has resulted in granting more than 1 lakh patents in a single year 2023-24. The requisite details are as follows: Year No. of GI Applications Registered 2022-23 55 2023-24 160 As on June 23, 2024, the O....
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....ffice of Geographical Indications Registry has registered a total of 643 GI Applications in the country. This information has been provided by the Union Minister of State for Commerce and Industry, Shri Jitin Prasada in a written reply in the Lok Sabha today.<BR> News - Press release - PIB....