New Delhi: As many as 120 start-ups have been granted patents under the expedited examination process for applications since 2016 when the facility was introduced, a top official said.
A total of 450 start-ups have filed applications under this facility. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Ramesh Abhishek said that the government is taking several steps such as hiring more manpower to reduce the time for examination of IPR (intellectual property rights) applications.
Under the expedited examination facility, a total of 1,021 applications were received and 351 patents were granted by the Indian IP Office. The facility can be availed by start-ups that meet stated criteria on payment of stipulated fees. “We have taken several steps but we need to do more on strengthening the start-up ecosystem in the country,” Abhishek said here at CII’s India Intellectual Property Convention here.
