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  • DAILY CURRENT AFFAIRS:Indian entities filed 1.38 lakh patents from 2015 to 2021:NASSCOM

Indian entities filed 1.38 lakh patents from 2015 to 2021:NASSCOM

Tags: Economics/Business

According to the India Patents Report of National Association of Software Services Companies (NASSCOM)  entities in India had filed 1,38,000 tech patents in the country and more than 9,500 patents in the U.S. from 2015 to 2021.

  • More than 60% of the patents were filed by Indian firms and start-ups while 17% of the tech patents were filed by individual inventors/academia research outfits.

  • Some 65% of the total patents filed in the U.S. in 2020-21 by India-domiciled firms were in the technology domain

  •  Some 45% of the filings had been granted technology patents.

  • Besides, more than 400 technology patents were filed by Indian start-ups from 2015 to 2021.

  • Some 21% of the tech patents were related to software applications, healthcare and medical devices and other leading segments.


Intellectual Property Rights

Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time. For e.g discovery of a medicine which can cure malaria .

 Some of the important types of Intellectual Property Rights 


A patent is a government-granted monopoly to the inventor to build, sell, and use an invention and prevent others using it without the permission of the patent holder .  Normally a patent granted to an inventor is for 20 years . After 20 years patents expire and anybody can copy that invention. 


A trademark can be any word, phrase, symbol, design, or combination of these things that identifies a person or company's  goods or services in the marketplace. A trademark is used for goods; a “service mark” is used for services.


Copyrights protect original works of authorship, such as paintings, photographs, musical compositions, sound recordings, computer programs, books, blog posts, movies, architectural works, and plays. 

Important for Exam 

NASSCOM (National Association of Software and Services Companies )

Chairperson : U.B. Pravin Rao

President :Debjani Ghosh 

Headquarters: New Delhi  

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