Centre plans to simplyfy patent laws to spur R&D: SERB secretary ...Middle East

The Centre on Tuesday said it was mulling over making the Indian Patent Act, 1970 more simplified and research-friendly for product oriented results. Addressing the CII Global Science, Research and Innovation Summit, Akhilesh Gupta, senior adviser at the Department of Science and Technology, said while India grants an average of 23,000 patents per annum, it lacks the culture of patents filing. Gupta, who is also secretary of the Science and Engineering Research Board (SERB), said the time duration for filing of patents and the same being granted is three years in India against the global average of two years. He said the central government is looking to simplify the patent laws to encourage

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Centre plans to simplyfy patent laws to spur R&D: SERB secretary ...Middle East

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