Piyush Goyal at National IP Awards: make India's IP approval system among the world's top five
Commerce and Industry Minister Piyush Goyal on 9 March 2026 called for making India's intellectual property approval system one of the top five in the world for speed and transparency, at the National IP Awards and IP Conference in New Delhi.
Summary
Union Commerce and Industry Minister Piyush Goyal addressed the National IP Awards and IP Conference in New Delhi on 9 March 2026 and called for making India's IP approval system among the top five globally in speed, transparency and efficiency. He said faster disposal of applications for trademarks, patents, copyrights, designs and Geographical Indications would help innovators bring ideas to market sooner, and that the government is recruiting more personnel to speed up approvals. He said patent filings in India had grown by 215% in a decade and India's Global Innovation Index ranking had improved from 81 to 38. He also referred to the plan, announced in the Union Budget, to set up 50,000 new innovation labs in schools.
Key facts
- Date and place
- 9 March 2026, New Delhi — National IP Awards & IP Conference
- Goal
- IP approval system among top five globally
- Patent filings
- +215% in a decade
- GII rank
- Improved from 81 to 38
- Schools
- 50,000 new innovation labs (Union Budget)
Practice MCQs 3 questions
According to Piyush Goyal at the National IP Awards on 9 March 2026, India's Global Innovation Index ranking has improved from 81 to what?
Show answer
Correct answer: B — 38
Goyal said India's GII ranking improved from 81 to 38.
By how much did Piyush Goyal say patent filings in India have grown in a decade?
Show answer
Correct answer: C — 215%
He said India registered 215% growth in patent filings in a decade.
How many new innovation labs in schools, announced in the Union Budget, did Piyush Goyal refer to at the National IP Awards 2026?
Show answer
Correct answer: C — 50,000
Goyal referred to the government's initiative to establish 50,000 new innovation labs in schools, announced in the Union Budget.