Patent filings up 14% in India
The FY22 witnessed a rise in the share of domestic filings to 44.4% of total patents filed, compared to 41.6% in FY21
image for illustrative purpose
On Global Innovation Map
- Total 584k patents filed in India during FY10-FY22
- It includes 266k patents from the technology domain
- Of this, 160k patents from AI, IoT, big data, etc
New Delhi: India witnessed a significant increase in patent filings in FY22 with a 13.6 per cent growth rate (year-on-year), the highest annual increase in the last decade, a report showed on Wednesday. Further, the year witnessed a rise in the share of domestic filings to 44.4 per cent of total patents filed, compared to 41.6 per cent in FY2021, according to Nasscom, which released the report on the occasion of World Intellectual Property Day.
Out of the 584,000 patents filed in India between FY2010 and FY2022, as many as 266,000 were from the technology domain, and 160,000 of these technology patents were from emerging technologies like AI, IoT, big data, cybersecurity and Blockchain. Of the total patents filed in the telecommunications sector, around 2.4 per cent were related to emerging areas such as 5G and 6G.
Debjani Ghosh, President, Nasscom, said: “India’s adoption of emerging technologies has led to a surge in innovation, as evidenced by the increasing number of patent filings. This trend highlights India’s position on the global innovation map and its leadership in emerging technologies such as AI.”
To further boost domestic patent filings, partnerships among various stakeholders will be crucial in creating and raising awareness about intellectual property, she added. Patents related to AI and IoT for various applications such as building automation, smart wearables, neural networks and connected healthcare accounted for more than 50 per cent of the patents filed across emerging technologies. In addition, Pattern Analysis and Image Analysis emerged as another important area, accounting for 28 per cent of all patents filed.
