Number of Patents Granted by India Shot Up by 50% in 2017: UN

  • The number of patents granted by India shot up by 50 percent in 2017, according to the UN’s World Intellectual Property Organisation (WIPO).
  • The WIPO’s World Intellectual Property Indicators 2018 report released in Geneva on December 3 showed that patents granted by India increased from 8,248 in 2016 to 12,387 in 2017 (more than double the 6,022 patents granted in 2015)
  • Of the 12,387 patents, 1,712 went to entities and individuals based in India, and 10,675 to foreigners (accounted for 85 per cent of the total increase).
  • China’s patent authority led the world in the number of patents granted with 420,144 and was followed by the US with 318,829.
  • India was ranked 10th in the number of patents.