Union Minister Piyush Goyal launched AI-powered IP tools and announced reduced patent fees for startups in India.

Union Minister Piyush Goyal launched AI-powered Trademark Search Technology and the IP Saarthi Chatbot in New Delhi to streamline trademark application processes and improve intellectual property management in India. These tools aim to enhance efficiency, resolve disputes, and expand accessibility through official languages. The government also plans to reduce patent fees significantly for startups and small businesses to foster innovation, demonstrating a commitment to modernizing business practices.

September 18, 2024
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