At present, it takes about 48 months for the first stage of examination of a patent application.
The ministry is continuously working on simplification of rules and reducing the patent examination time, Commerce and Industry Minister Nirmala Sitharaman said here.
"We will improve our performance to match international standards," she said, adding the time would be "reduced to 18 months by 2018".
About 2.5 lakh patent applications are pending at various stages of disposal in the country.
This statement assumes significance as pharmaceutical companies of developed countries, including the US, allege that Indian IPR laws discriminate foreign innovators.
"The dialogue always gets mired that India has issued a compulsory license (CL). It was only one long back. India has a robust mechanism and legislative framework to deal with IPR related matters," she added.
As per the WTO norms, a CL can be invoked by a government allowing a company to produce a patented product without the consent of the patent owner in public interest.
The exercise would help empower enforcement agencies to pursue cases much before it gets too delayed.
The minister also conferred national IP awards on the occasion of World Intellectual Property Day celebrations.
Crime Branch, Chandigarh received awards in the category of Best Police Unit (district/ zone in a commissionarate) for enforcement of IP in the country.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
