NEW DELHI: PM Narendra Modi mentioned on Wednesday that the rise in patent functions in India demonstrates the rising modern zeal of its youth and is a really optimistic signal for the instances to come back.
He was reacting to a World Mental Property Organisation (WIPO) report which mentioned patent functions by residents of India grew by 31.6% in 2022 — extending an 11-year development run unmatched by some other nation among the many high 10 filers.China, the US, Japan, South Korea and Germany had been the nations with the best numbers of patent filings in 2022, it mentioned.
Whereas innovators from China proceed to file practically half of all world patent functions, the nation’s development charge dipped for a second consecutive yr from 6.8% in 2021 to three.1% in 2022, it mentioned, whereas noting India’s development.
He was reacting to a World Mental Property Organisation (WIPO) report which mentioned patent functions by residents of India grew by 31.6% in 2022 — extending an 11-year development run unmatched by some other nation among the many high 10 filers.China, the US, Japan, South Korea and Germany had been the nations with the best numbers of patent filings in 2022, it mentioned.
Whereas innovators from China proceed to file practically half of all world patent functions, the nation’s development charge dipped for a second consecutive yr from 6.8% in 2021 to three.1% in 2022, it mentioned, whereas noting India’s development.
