Number of patent filings rises to 66,440 in FY22: Commerce ministry
- IBEF
- April 13, 2022
According to the Ministry of Commerce and Industry, the number of patent filings climbed from 42,763 in 2014-15 to 66,440 in 2021-22 due to the government's efforts to strengthen the country's intellectual property rights (IPR) framework. It also stated that India would grant 30,074 patents in 2021-22, up from 5,978 in 2014-15. The time it takes to examine a patent has also decreased from 72 months in 2016 to 5-23 months.
The Ministry said that the number of domestic patent filings at the Indian Patent (IP) office surpassed the number of international patent filings for the first time in 11 years. It went on to say that out of the total 19,796 patent applications filed, Indian applicants filed 10,706, and non-Indian applicants filed 9,090.
The Department for Promotion of Industry and Internal trade (DPIIT) and the IP office have collaborated to raise awareness among all strata of society. These efforts have increased the number of IPR filings while also lowering the number of patent applications pending.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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