Through a Press Release posted on 12th April, 2022, it has been duly notified that for the first time in the last 11 years, the number of domestic patent filings surpassed the number of international patent filings at the Indian Patent Office in the January-March 2022 quarter. As per the data released, out of the total 19796 patent applications filed, 10706 were filed by Indian applicants against 9090 by non-Indian applicants.
The Union Minister of Commerce and Industry, Consumer Affairs, Public Distribution and Textiles, Shri Piyush Goyal acknowledged and appreciated the continuous efforts of DPIIT for strengthening Indian IP regime by fostering innovation and reducing the compliance burden. He also mentioned that the concerted initiatives of the DPIIT and IP office paved the way for IP awareness across all strata of society. Further, while the number of IPR filings was on a steady rise, the pendency of the patent application at IP offices was reduced. He also envisioned that the achievement shall take India closer to its target of being within the top 25 nations in the Global Innovation Index.
The Press Release also identified key initiatives by the government that anchored India’s IP regime and listed the following achievements:
- Filing of patents have increased from 42763 in 2014-15 to 66440 in 2021-22, more that 50% increase in a span of 7 years
- Nearly five times increase in grant of patents in 2021-22 (30,074) as compared to 2014-15 (5978)
- Reduction in Time of patent examination from 72 months in Dec 2016 to 5-23 months at present, for different technological areas
- India’s ranking in Global Innovation Index has increased to 46th in 2021 (+35 ranks) as compared to 81st in 2015-16.