India witnessed a significant rise in patent and industrial design filings, doubling between 2018 and 2023, according to the commerce and industry ministry. Trademark registrations also saw a substantial increase.
New Delhi, Nov 11 (PTI) Patents and industrial design filings in the country have doubled during 2018-23, while trademarks have risen by 60 per cent, according to the commerce and industry ministry data.
It also said that India ranks sixth globally with 64,480 patent filings, led by resident innovation.
The data showed that more than half (55.2 per cent) of these patent applications have been filed by Indian residents.
India's IP (intellectual property) office is the second highest globally in trademarks, with 3.2 million registrations in 2023, it added.
Home » Market News » India's Patent & Design Filings Double in 5 Years | PTI News
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