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The number of patent filings increased from 42,763 in 2014-15 to 66,440 in 2021-22 due to steps taken by the government to strengthen intellectual property rights (IPR) regime of the country, the commerce and industry ministry said on Tuesday.
It also said India granted 30,074 patents in 2021-22 as compared to 5,978 in 2014-15.
There has also been a reduction in the time of patent examination from 72 months in 2016 to 5-23 months at present.
"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 (IP) office in January-March 2022 quarter," it said.
Of the total 19,796 patent applications filed, 10,706 were filed by Indian applicants and 9,090 by non-Indian applicants, it added.
The coordinated efforts by the department for promotion of industry and internal trade (DPIIT) and IP office has led to increased awareness among all strata of the society, it said.
These efforts have on one hand led to increase in the number of IPR filings and on the other hand, reduced the pendency of patent applications.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Tue, April 12 2022. 14:05 IST