2019 – An amazeballs year for Intellectual Property Rights in India

With the advent of another decade, you might be searching for novel and more grounded strategies that can assist you with growing your business in the current cut-throat competitive era. Be that as it may, to build another strategy in such a time where contenders and rivalry continue to increase day-by-day, it is in every case better to stride ahead in the wake of monitoring past statistics. Data related to previous years or months frequently prove accommodating in reinforcing one’s strategy.

This blog will provide you with a recap of Intellectual Property in India’s statistics from 2019. Besides, you will come across a comparison of these numbers with the past two years – 2017 and 2018. Note that the data provided herein is calculated for the respective calendar year, i.e., January to December. Therefore, it is likely to be different from the one in the annual reports of the Indian Patent Office, which considers the financial year of March to April.

Patents

Concerning patent, 2019 had been a helpful year for India from the point of view of hike in the numbers of the Patent Application documented as well as the fruitful Patent Registration. For example, with an aggregate of 83,226 patent applications, 2019 had outperformed the year 2018 that was constrained to a sum of 81,406 Patent Applications in India. On the off chance that we talk about the complete number of grants, 2019 shot up by a lot of 68% in contrast with 2018. Besides, the number of pending patent applications had reduced to a large extent in 2019.

Trademarks

Another form of IP that transformed the previous year into a decent stage for India is ‘trademark.’ With around 3,36,000 Trademark Applications submitted to the trademark registry, 2019 denoted an expansion of near about 8% in contrast with the total number of applications filed in 2018. Be that as it may, the number of Trademark Registrations in India appears to have plunged a year ago by almost 13% from 2018. The total trademark registrations were around 3.5 lakh in 2018, while 3 lakh in 2019.

Industrial Designs

2019 seems to had been a remarkable year even for the Industrial Designs in India. When contrasted with 8,037 Industrial Design Registrations in 2018, an aggregate of 14,529 structures got registered in 2019, meaning a mammoth upsurge of about 81% in both filings as well as registrations. On the off chance that we take a gander at the information from the previous decade, the number of Industrial Design Applications and registrations has gradually grown year-by-year. In any case, 2019 has outperformed all the earlier years by the enrolment of 14,500 designs. As the familiarity with industrial designs in India holds the all-important focal point, it is normal that the above-expressed number will rise comparably in 2020.

Copyrights

From the data of the previous three years, we can reason that both Copyright Applications and registrations in India have been on the ascent. While around 18,026 applications were documented in 2018, the number in 2019 expanded to a figure of 21,179. Out of the largest chunk of applications to get Copyright Registration in India, 11,898 applications were for literary/ dramatic works, while around 5,781 were concerning artistic works.

Geographical Indications (GIs)

For Geographical Indications in India likewise, 2019 was an awesome year. As per a few reports, around 31 items acquired Geographical Indication Protection in India between January 2019 and December 2019. A couple of prominent items that were registered as GIs a year ago incorporate Coorg Arabica Coffee, Chikmagalur Arabica Coffee, Araku Valley Arabica Coffee, Dindigul Locks, Odisha Rasagola, and so forth.

Wrapping Up:

From the above-given data, it is clear enough that the intellectual property (IP) in India seemed to had delighted in 2019 as a fairly good year, sparing some tragic misfortunes like that of IP luminary. All things considered, for some, the year gave off an impression of being turbulent both legally and politically, while for other people, it was a phase of radical and welcoming changes.