India Ranks 6th Globally In Patent Filings

NEW DELHI-India has now emerged as the world’s sixth largest patent filer with over 64,000 patents, out of which more than 55 per cent are by resident Indian innovators, a sharp departure from the earlier trend of innovators depending on foreign institutions for research, mentorship, and project completion.

Indian officials claimed that what was once lacking, policy support and institutional patronage, has been systematically addressed over the last decade, allowing young Indian innovators to pursue cutting-edge research and file high-value patents within the country.

India has also climbed from Rank 81 to Rank 38 in the Global Innovation Index with a focus on science and technology. ‘Chandrayaan-3’, the world’s first DNA vaccine developed in India, homegrown antibiotics, and successful gene-therapy trials, officials said, represent this. (IANS)