Summary:

Over the past five years, India's Intellectual Property (IP) registrations have increased by 44%, from 477,533 in 2020-21 to 689,991 in 2024-25. The Ministry of Commerce and Industry is driving this growth through policy reforms and digital initiatives. Geographical indications (GI) increased 380%, designs 266%, patents 180%, copyright 83%, trademarks 28%, and SICLD 20%. Key revisions include simpler intellectual property legislation, obligatory e-filing, a 10% reduction in online filing fees, speedier patent review, and decreased reporting frequency. Fee discounts are beneficial to startups, MSMEs, and educational institutions. Over 95 percent of applications are now submitted online. Tools such as the IP Sarthi Chatbot and NIPAM have helped raise awareness. India has registered 697 geographical indications (GIs), with an emphasis on protecting local products.

Source: IBEF

Disclaimer:The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.