India's patent applications jump by 31.6%, ahead of some rich countries

On trademark filings, India was in the top four with 467,918 filings in 2022, behind the US, Turkey, and Germany

India clocked a gigantic rise of 31.6 per cent in patent filing by resident applicants, the highest of any country in 2022 as compared with the previous year, according to the latest study released recently by the World Intellectual Property  Organisation (WIPO).

With 55,718 resident patent applications in 2022, India’s numbers grew much faster than other competing countries 

that include Switzerland (6.1 per cent), China (3.1), and Austria and the UK (both at 2.5 per cent).
 

In terms of the granting of patents, too, India had among the fastest growth of 15.5 per cent (16,346) in 2022 out of the top