News
India has secured sixth place globally in patent filings with 64,480 applications, as per the World Intellectual Property Indicators 2024 report. The patent office granted 149.4% more patents in 2023 compared to 2022. Industrial design applications rose by 36.4%, driven by sectors like textiles and accessories, tools and machines, and health and cosmetics. The Commerce and Industry Ministry noted India’s significant strides in intellectual property (IP) activity.