India's IPR regime evolves to support R&D, balancing innovation protection and commercial usage.

Intellectual Property Rights (IPR) laws in India are evolving to support R&D, rather than creating barriers, according to Finance Minister Nirmala Sitharaman. India's IPR regime strikes a balance between protection for innovators and commercial usage for society. The government has taken steps to make IPR laws a facilitator, booster, and not a barrier to R&D. These initiatives aim to create a conducive environment for innovation and patenting in the country.

March 09, 2024
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