Synopsis
Union Minister Piyush Goyal emphasizes the significance of innovation in achieving 'Viksit Bharat'. He advocates for the adoption of AI and data analytics in trademark searches and IP enforcement while stressing stronger copyright protections and ongoing government efforts to enhance India's IP ecosystem.Key Takeaways
- Innovation is essential for India’s development.
- Advanced technologies like AI are vital for IP enforcement.
- Stronger copyright protections are necessary for innovators.
- The NRF will foster collaboration in scientific research.
- India's ranking in the Global Innovation Index has improved significantly.
New Delhi, March 27 (NationPress) Innovation is crucial for India's journey towards ‘Viksit Bharat’, and the integration of advanced technologies such as AI and data analytics is essential for conducting trademark searches and enforcing intellectual property (IP), as stated by Union Minister of Commerce and Industry, Piyush Goyal.
He also highlighted the need for enhanced copyright protection measures to secure the interests of innovators and businesses.
During the ‘National Intellectual Property Awards 2024,’ the minister reaffirmed the government’s dedication to bolstering India’s IP ecosystem through legislative reform, administrative improvements, and new initiatives focused on promoting innovation and research.
“Innovation has always been part of our DNA. We take immense pride that ‘zero’ was invented in India. Chess, too, is now acknowledged as a game rooted in our ancient tradition of Chaturanga. Innovation will shape India’s path to becoming a Viksit Bharat,” Goyal remarked.
Emphasizing the importance of research and development (R&D), Goyal pointed out that no nation can declare itself developed without prioritizing innovation, fresh ideas, and technology-oriented growth.
“In our Amrit Kaal, as we strive to establish India as a resilient economy, R&D will be vital. We are progressing towards becoming a hub of cutting-edge technologies and concepts,” the minister further stated.
Goyal announced the government's ongoing initiatives to promote scientific development through the Anusandhan National Research Foundation (NRF), which will encourage collaboration among the government, private sector, and academic institutions. “The NRF will play a key role in igniting passion for science and technology innovation among all stakeholders,” he mentioned.
The minister also underscored noteworthy accomplishments and reforms in India’s IP sector. India’s position in the Global Innovation Index has improved markedly, climbing from 81 in 2015 to 39 in the latest evaluation. The country now ranks sixth globally for trademark filings, with patent grants reaching around 100,000 last year.
To further enhance India’s IP framework, Goyal advocated for increased judicial support in IP-related matters. He suggested establishing specialized IP benches in High Courts and implementing an internship program for young law students to familiarize them with the IP landscape.
