New Delhi, India granted 1.03 lakh patents in financial year 2023-24, Controller General of Patents, Designs and Trademarks Unnat Pandit said on Thursday, assuring that there will be "no delay" in the Intellectual Property Office as I ensure timely approvals. I give priority. of applications.
Addressing an ASSOCHAM program here, he said that 40 percent of the applications were disposed of within 30 months of the request for investigation.
“We are not going to cause any delay in the IP office, that is the objective with which we have…that the IP should be granted and under Chapter 8 of the Act it should also be used by the applicant…thereby bringing economic benefit to the IP Value of, said the Pandit.
"All the pending cases have been disposed of, so now whatever application will come for investigation or hearing, it will be within a period of 30-36 months. So there will be no delay now," he said on the sidelines of the conference." events.
Pandit emphasized that India needs to strengthen its intellectual property position.
“Year on year, IP filings are increasing, in 2023-24 we got 90,300 patent filings. There is enough emphasis not only on the development of science and technology but equally on protection and research to achieve this high number of patent filings He said that it reflects the belief that it has become commercialized in the Indian economy.
The Ministry of Commerce and Industry had earlier said that IP protection is being sought every 6 minutes on technology in India.An all-time high of 90,300 patent applications were received in 2023. The Patent Office granted more than one lakh patents in the last one year (March 15, 2023 to March 14, 2024). 250 patents were granted every working day.
It said that the Patent Rules, 2024 have been notified and several provisions have been introduced in these rules with the aim of simplifying the process of obtaining management patents, thereby facilitating a conducive environment for inventors and creators.
In the amended rules, a unique provision for new 'Certificate of Inventorship' has been introduced to acknowledge the contribution of inventors to the patented invention.Further, the time limit for furnishing the details of filing foreign application in the specified form has been changed from six months from the date of filing of the application to three months from the date of issue of the first examination report.
Addressing an ASSOCHAM program here, he said that 40 percent of the applications were disposed of within 30 months of the request for investigation.
“We are not going to cause any delay in the IP office, that is the objective with which we have…that the IP should be granted and under Chapter 8 of the Act it should also be used by the applicant…thereby bringing economic benefit to the IP Value of, said the Pandit.
"All the pending cases have been disposed of, so now whatever application will come for investigation or hearing, it will be within a period of 30-36 months. So there will be no delay now," he said on the sidelines of the conference." events.
Pandit emphasized that India needs to strengthen its intellectual property position.
“Year on year, IP filings are increasing, in 2023-24 we got 90,300 patent filings. There is enough emphasis not only on the development of science and technology but equally on protection and research to achieve this high number of patent filings He said that it reflects the belief that it has become commercialized in the Indian economy.
The Ministry of Commerce and Industry had earlier said that IP protection is being sought every 6 minutes on technology in India.An all-time high of 90,300 patent applications were received in 2023. The Patent Office granted more than one lakh patents in the last one year (March 15, 2023 to March 14, 2024). 250 patents were granted every working day.
It said that the Patent Rules, 2024 have been notified and several provisions have been introduced in these rules with the aim of simplifying the process of obtaining management patents, thereby facilitating a conducive environment for inventors and creators.
In the amended rules, a unique provision for new 'Certificate of Inventorship' has been introduced to acknowledge the contribution of inventors to the patented invention.Further, the time limit for furnishing the details of filing foreign application in the specified form has been changed from six months from the date of filing of the application to three months from the date of issue of the first examination report.
