Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Brand building needed for benefit of GI registration
BS Reporter / Kolkata/ Bhubaneswar Apr 14, 2009, 00:52 IST

Registration of geographical indications (GIs) is the first step in protecting the originality of a traditional product, but true economic benefit out of it cannot be availed if proper brand building is not done.

So conscious efforts will have to be made for expanding the market, improving demand, organising display at the national and international level, conducting market research and design among others, Saurabh Garg, secretary, industries department, Orissa government said.

 
Speaking at the inaugural session of a workshop entitled ‘protecting indications, promoting entrepreneurship and creating brand’, Garg said, unless the market for a product is improved, it will not be possible to reap the benefit of GI registration.

Stating that the GIs and the intellectual property rights (IPR) are important in the present day trade regime, he said, the producer will have use the opportunities created by the so called ‘rule of game’ in the world trading system.

Rashmi Banga, senior economist working with United Nations Conference on Trade and Development (UNCTAD) explained that GI registration provides the legal protection to a product on a sustainable basis. It is a process which enhances the confidence level of the producer of a traditional product. Since it is not an end itself, creating awareness about the consumer’s taste and collecting marketing intelligence can help the process, she added.

P Nayak, head (market research division), Textiles Committee said, formation of a consortium and study documentation is required for GI registration.

Panchanan Dash, additional secretary in the industry department pointed out, the micro, small and medium enterprises (MSMEs), which are the pillars of growth in the state, can not attain the natural growth unless suitable partners are roped in. GI registration process can help in the protection of the product and its commercialization.

In this context, the Institute of Entrepreneurship Development (IED), Bhubaneswar and the Textile Committee can work jointly for promotion of the GI registrations, he added.

The workshop was organised by the United Nations Conference on Trade and Development (UNCTAD), Textile Committe, under the Union ministry of textiles, Institute of Entrepreneurship Development (IED) Bhubaneswar and other industry associations.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- IFC plans to invest in Malaysia's Khazanah healthcare arm
- Cong leaders must work together for winning elections: Scindia
- Hotel Leelaventure redeems outstanding bonds worth $41.6 mn
- Ex-Galleon portfolio manager testifies against Rajat Gupta
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- EGoM to now decide on base price for spectrum auction
- Air India pilots wanted a halt to command training of IA pilots
- Rohit Viswanath: The news about soft power
- K Yhome: Myanmar and India - a bridge, and a gateway to the East
- Traders go long on $-Re , short on Euro-Re
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us