Day 25
International ReportsSkim2024-11-07
Publication of World Intellectual Property Indicators 2024
What Happened
The World Intellectual Property Organization (WIPO) released the World Intellectual Property Indicators 2024 report on November 7. India recorded a 15.7% growth in patent filings, ranking 6th globally and entering the top 10 for patents, trademarks, and industrial designs simultaneously for the first time.
Why It Matters
The surge in resident applications signals India's transition towards an innovation-led economy and strengthens its position as a global leader in intellectual property rights.
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