Prakash calls on industry to work in a mission mode
India is committed towards bolstering the ecosystem of patents, design, trademarks, GI (Geographical Indication) systems and encouraging innovation as well as research and development (R&D) in the country to achieve the vision of ‘Atmanirbhar Bharat’ (self-sufficient), Minister of State for Commerce & Industry Som Parkash told an ASSOCHAM virtual event.
“Industry must work in a mission mode along with the Government to achieve the ambitious target for the country to be ranked in the top 25 nations of Global Innovation Index (GII),” said Parkash while inaugurating an ASSOCHAM IP Excellence on 5 Oct 2021.
He highlighted the various programs and initiatives undertaken by the Government for propelling innovations – Startup India, Accelerating Growth of New India’s Innovations (AGNIi), new intellectual property rights (IPR) policy and others.
“Similarly, for examination of the trademark applications it used to take 72 months in 2016, now in 2020 it takes just 12-24 months, so we are making all efforts,” said Parkash. #design #innovation #technology #manufacturing #investment /fiinews.com
