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ARTICLE · 04 SEPTEMBER 2017

India's Protection To Secrets Of Trade

Khurana & Khurana, Advocates and IP Attorneys
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The global econoamy is trending towards an era of protectionism as can be seen from policies such as "Make America Great Again" and "Make in India", thereby increasing the significance...

IndiaIntellectual Property

Introduction

The global econoamy is trending towards an era of protectionism as can be seen from policies such as "Make America Great Again" and "Make in India", thereby increasing the significance on exports and the manufacturing sector. As a corollary effect, the importance of Intellectual Property (IP) protection also increases due to the need to extend such to exports for its proper commercialization. On April 28, 2017, the Office of the United States Trade Representative (USTR) released the 2017 "Special 301" Report1 which reviews global developments on trade and intellectual property (IP). The USTR placed India on the Priority Watch List and one of the reasons for doing so was an outdated and insufficient trade secrets legal framework.2 It is pertinent to note that the so called Special 301 Report has vested interests of corporate lobbying from the likes of PhRMA (Pharmaceutical Research and Manufacturers of America), Business Software Alliance (BSA) and

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