A big achievement for India: she is now among the top 10
countries worldwide for patents, trademarks, and industrial
designs. This milestone proves India is quickly becoming a key
leader in intellectual property, with significant and ongoing
progress in IP activity. Securing the 6th position in patent
filings worldwide1 cements India's status as a
burgeoning hub for innovation and intellectual property.
Breaking Down the Numbers: India's Position in Global
IP
According to the World Intellectual Property Organization
(WIPO), global patent applications reached a record high of over
3.5 million in 20232. India's contribution of 64,480
patent filings in 2023 marked a 15.7% increase from the previous
year, propelling the nation to the 6th spot globally. This ascent
underscores India's commitment to encouraging innovation and
strengthening its IP framework.
