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Indian Patents Double

By LIFS September 8, 2008 at 7:08 PM
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Patent registrations in India doubled last year and have risen ten fold in the past five years.

India's controller general of patents granted a 15,261 patents in 2007-08 as against 7,539 granted in 2006-07. It has alreadyawarded 6,000 patents in the first quarter of the current year.

But this is not a reflection of a rise in Indian ingenuity. Nearly 91% of the patents granted are to foreign holders. 

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Business | Magazine | September 2008

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