For the first time in the last 11 years, the number of domestic patent filing has surpassed the number of international patent filing at Indian patent office in the Quarter Jan-Mar 2022, the Union Commerce and Industry Ministry said on Tuesday.
According to the ministry, of the total 19,796 patent applications filed, 10,706 were filed by Indian applicants against 9,090 by non-Indian applicants during the Quarter Jan-Mar 2022.
Some of the key initiatives taken by the Government over the years that has bolstered India's IP regime includes fee concessions like 10 per cent rebate on online filing, 80 per cent fee concession for Start-ups, Small Entities and educational institutions, and provisions on expedited examination for Startups and MSMEs along with other categories, said Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Public Distribution and Textiles.
According to the ministry, the National IPR policy has helped India achieved the following:
1. Filing of patents have increased from 42763 in 2014-15 to 66440 in 2021-22, more that 50 per cent increase in a span of seven years
2. Nearly five times increase in grant of patents in 2021-22 (30,074) as compared to 2014-15 (5978)
3. Reduction in Time of patent examination from 72 months in Dec 2016 to 5-23 months at present, for different technological areas
4. India’s ranking in Global Innovation Index has increased to 46th in 2021 (+35 ranks) as compared to from 81st in 2015-16
"The coordinated efforts by Department for Promotion of Industry and Internal Trade (DPIIT) and Intellectual Property (IP) office will take India in the top 25 position in the Global Innovation Index," Goyal said.
