New Delhi: For the first time in the last 11 years, the number of domestic patent filing surpassed the number of international patent filing at the Indian patent office in the Quarter January-March 2022.
Offering details, the Ministry of Commerce & Industry stated today that out of the total 19796 patent applications filed, 10706 were filed by Indian applicants against 9090 by non-Indian applicants. This is represented as under:
Union Minister of Commerce and Industry Piyush Goyal said this will take India a step closer to India’s target of being in the top 25 nations of the Global Innovation Index.
He mentioned some of the key initiatives taken by the Government over the years that have bolstered India’s IP regime. These include fee concessions like a 10% rebate on online filing, 80% fee concession for Start-ups, Small Entities and educational institutions, and provisions on expedited examination for Startups and MSMEs along with other categories.
According to him, the cornerstone laid down by the National IPR policy and the efforts made by the Government transpired into the following achievements for India:
- Filing of patents increased from 42763 in 2014-15 to 66440 in 2021-22, more than 50% increase in a span of 7 years
- Nearly five times increase in the grant of patents in 2021-22 (30,074) as compared to 2014-15 (5978)
- Reduction in time of patent examination from 72 months in Dec 2016 to 5-23 months at present, for different technological areas
- India’s ranking in Global Innovation Index increased to 46th in 2021 (+35 ranks) as compared to 81st in 2015-16
– global bihari bureau
