Patent Application Filing Trends India. Patent Filings on the rise - SSRANA

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Patent Application Filing Trends

Patent Application Filing Trends In India

Patent Application Filing Trends In India

Patent applications filing, examination and grant of patent applications has been increasing in India year on year.

As per the latest annual report 2017-2018 of the Office of the Controller General of Patents, Designs & Trade Marks and Geographical Indications, for the 2017-2018 financial year, 46,846, patent applications have been filed during this year, while 60,330 patent applications were examined and out of which 13,045 patents were granted. The office witnessed more than a 100% increase in the number of patents examined in the year 2017-2018 over 2016-2017 and the previous years, thereby clearing a substantial patent application backlog and reducing the number of pending applications at the Indian Patent Office.

A marginal increase in the number of new Patent Applications filed was also recorded in 2017-2018 over the previous years.

Further, the Indian Patent Office disposed total number of 47,695 applications in the financial year 2017-2018 as against 30,271 applications in the financial year 2016-2017

The below chart explains the trend of patent filing, examination, grant and disposal over the last five years as announced by the Indian Patent Office in their annual reports.

Trend-patent

IP Applications Filing Trends in India

Over the last 5 years, progressive amendments and changes in the IP laws, approval of the National Intellectual Property Rights Policy, various government schemes to promote startups and entrepreneurship, concessions and preferential official fees for start ups and MSME as well various relaxations in taxes etc has enabled the business to growth and strengthened the IP ecosystem in India. It is evident from the fact that India has witnessed a consistent growth in its IP filings in the last five years. The chart below gives the number of Patent, Trademark and Design, applications filed in India over the last five years.

ip-applicatin

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