‘Over 100,000 patents granted in 2023, to strengthen IP rights ecosystem’ | Information

Indian patent workplace has granted over 1 lakh patents up to now 12 months on account of steps taken by the federal government to additional strengthen the mental property rights ecosystem, an official assertion mentioned on Saturday.

It additionally mentioned that there was a notable surge in Geographical Indication (GI) registrations, demonstrating a threefold enhance in comparison with the earlier 12 months.

As on date, 573 GIs are registered in India.

In 2023-24, 98 new GIs have been registered and one other 62 will likely be registered by March 31 this 12 months.

Equally, to this point this fiscal, copyright and design registrations totalled at 36,378 and 27,819 respectively.

It added that the Patent Guidelines, 2024 have been notified and these guidelines launched a number of provisions geared toward simplifying the method of acquiring and managing patents, thereby facilitating a conducive atmosphere for inventors and creators.

Within the revamped guidelines, a novel provision for New ‘Certificates of Inventorship’ has been launched to acknowledge the contribution of inventors within the patented invention.

Moreover, the time restrict to furnish international software submitting particulars in a specified kind has been modified from six months from the date of submitting of software to a few months from the date of issuance of the primary examination report.

“Contemplating the quick tempo of expertise, the time restrict for submitting requests for examinations has been lowered from 48 months to 31 months from the date of precedence of software or from the date of submitting of software, whichever is earlier,” it mentioned.

First Revealed: Mar 16 2024 | 11:48 PM IST