You are here: Home » PTI Stories » National » News
Business Standard

Taking steps to cut time to grant patents, trade marks: DIPP Secretary

Press Trust of India  |  New Delhi 

is taking several steps, including hiring more manpower and increasing use of technology, to reduce time for granting patents and trade marks, a top said Monday.

in the (DIPP) said as the economy is growing at a faster pace, focus on innovation and intellectual rights (IPRs) are fundamental.

He said steps taken by the department has helped to substantially improve the IPR regime of the country.

"We have created capacities in our IP offices. Hundred examiners of patents (were hired). We added 450 more and now we are adding another 220 plus," he said here at the international conference on IPR, organised by industry body CII.

Abhishek also said that the processes have been re-engineered and introduced use of technologies for grant and examination of patent, and applications.

"examination of applications which used to take 5-7 years earlier, we are hoping to bring it down to 18 months by end of next year or definitely by March 2020," he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 08 2018. 20:30 IST
RECOMMENDED FOR YOU