Compiled by: Sachi Kapoor | Concept & Edited by:
Dr. Mohan Dewan
The idea of confidential information and trade secrets is fairly
new in India. For many people, confidential information is not a
part of Intellectual Property and its commercial value is still
unexplored.
Trade secrets and confidential information are often used
interchangeably but there is a significant difference between the
two concepts. Companies generally patent their devices/products but
the method/process used to make them is often kept a trade secret.
For example, all of us are familiar with Coca-Cola but the process
to make it or its ingredients, are a Trade Secret.
On the other hand, confidential information might include
information which is vital to a company but has nothing to do with
its products or their manufacturing processes. It includes
Accounting Statements, Employment Agreements, list of
customers/suppliers, trade strategies and the like documents. Such
information is vital
