WIPO's WIPI 2024: India 6th in patent applications; residents file over half for the first time
On 16 November 2024, PIB highlighted WIPO's World Intellectual Property Indicators 2024, which ranks India 6th globally with 64,480 patent applications in 2023.
Summary
On 16 November 2024, PIB highlighted India's performance in the World Intellectual Property Indicators (WIPI) 2024 report of the World Intellectual Property Organization (WIPO). India ranks 6th globally in patent applications, with 64,480 filings in 2023. For the first time, more than half (55.2%) of India's patent applications in 2023 were filed by residents. The number of patents granted in India rose 149.4% in 2023 over the previous year.
Key facts
- Date
- 16 Nov 2024 (PIB)
- Report
- WIPO World Intellectual Property Indicators 2024
- India rank
- 6th in patent applications
- Filings 2023
- 64,480
- Residents
- 55.2%, first time above half
- Grants
- +149.4% in 2023
Practice MCQs 3 questions
As per WIPO's World Intellectual Property Indicators 2024, what is India's global rank in patent applications?
Show answer
Correct answer: A — 6th
PIB: India ranks 6th globally in patent applications, with 64,480 filings in 2023.
As per WIPI 2024, what share of India's patent applications in 2023 were filed by residents, the first time above half?
Show answer
Correct answer: D — 55.2%
PIB: for the first time, more than half (55.2%) of India's patent applications in 2023 were filed by residents.
Consider the following about India in WIPO's World Intellectual Property Indicators 2024: 1. India had 64,480 patent filings in 2023. 2. Patents granted in India in 2023 fell compared with the previous year. Which of the above is/are correct?
Show answer
Correct answer: A — 1 only
PIB: India had 64,480 filings in 2023, and patents granted rose 149.4% (not fell). So only 1 is correct.