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Simplified IPR registration process to help India become innovation hub: Piyush Goyal

Piyush Goyal mentioned about the reduction in filing fees for startups, MSMEs and women entrepreneurs -- allowed by the department -- by 80 percent to help and support startups and women entrepreneurs in the country.

August 01, 2021 / 10:50 PM IST
Piyush Goyal | PC-MoneyControl

Piyush Goyal | PC-MoneyControl

The ‘ease of doing business’ will go a long way in catapulting India as an innovation hub, said Union Commerce & Industry Minister Piyush Goyal on August 1, after reviewing the functioning of the Office of Controller General of Patents, Designs and Trademarks in Mumbai.

Apart from reviewing the work, Goyal also deliberated on ways to build a robust Intellectual Property Rights (IPR) infrastructure.

Reiterating government's commitment to bolster the ecosystem of patents, design, trademarks, GI (Geographical Indication) systems, Goyal said, “The pendency in the IPR department has come down drastically. It has also been decided that any pending application should be completed within days and not months.”

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