Moneycontrol
HomeNewsTrendsCurrent AffairsProposals undermining innovators won't help India: US

Proposals undermining innovators won't help India: US

India cannot achieve its ambitious goal of becoming a center for innovative growth by celebrating proposals related to intellectual property rights that undermine and drive away innovators, the US Chambers of Commerce has said.

October 22, 2016 / 12:26 IST
Story continues below Advertisement

India cannot achieve its ambitious goal of becoming a center for innovative growth by celebrating proposals related to intellectual property rights that undermine and drive away innovators, the US Chambers of Commerce has said.

"Consistent with the National intellectual property rights (IPR) Policy, when it comes to IP, India clearly has a toe in the water, but appears ambivalent about jumping in," Patrick Kilbride, executive director of international intellectual property, US Chamber of Commerce, said yesterday.

Story continues below Advertisement

"You cannot have it both ways. You cannot say you want to be a center of innovative growth and at the same time celebrate proposals that would undermine and drive away innovators," he said.

He said India and the US had seemingly found a common ground at the Trade Policy Forum on aspects of trade secrets protection, copyright enforcement and patent administration.