‘Make in India’ = IP (Manufacturing+Innovation)
Today government, industry and policymakers, have joined hands to look for India’s next stage growth, focusing on strategies that can foster and enhance the innovation capacity in the nation. The sound linkage between innovation and competitiveness should be exploited to stimulate the dynamics of innovation. Only a stable IPR culture can ensure India as the preferred investment setination, drawing in more investments, specifically from FDI.
We believe there is a need to create a robust IP ecosystem in India and protect the IP of its companies. It will also provide a stable framework for multinational companies wanting to enter India.
The National Intellectual Property Rights policy was approved in May, 2016. It is a “first of its kind” policy for India, covering all forms of intellectual property together in a single framework.
The ‘Make in India’ Analogy
Since the days our Prime Minister announced the ‘Make in India’ initiative, we have seen waves of India Manufacturing announcements. We believe, that the country can move towards high value creation and is possible with ‘Make in India’ initiative. Read more…