Spreading their Reach
Date: Saturday , March 31, 2007
Indian patents to touch global levels
Over a lakh of product and technology patent applications are expected to be filed annually in the country by 2010, against 25,000 in 2006 and just 4,000 in 2000.
Rajiv P Patel, patent attorney, at Fenwick & West LLP, California said, “Enterprises from across the globe have been investing heavily in India. They are in a hurry to protect their innovations and IP through patenting.”
During calendar 2006, over 50 product firms entered the country, compared to 30 in the previous year and 18 in 2004. According to Caleb Gabriel, partner in intellectual property law firm K&S Partners, over 70 percent of the patents in India will be filed by MNC firms while the rest by local product firms.
India to get e-passports
Indian citizens can look forward to having biometric passports or e-passports by 2008, according to Anand Sharma, Union Minister of State for External Affairs.
The minister, while pointing out that several countries have been incorporating biometric information in their passports to ensure tighter security, stated that the e-passports would be valid for 10 years. A system for issuing biometric passports would be put in place by the end of this year, an agency report said.
E-Passports being issued in Australia and New Zealand contain contactless chips with biographic and biometric information. Tests which assess the operational impact of using new equipment have already begun in the respective countries.
India to play key role in online world: Michael Dell
Addressing a recent CII-CEOs Forum, Michael Dell stated that India is one of the centers of the world’s technology transformation. He added that India was an exciting place to be, as the country has recorded a 700 percent growth in her internet user base since 2000.
Currently, 50 million Indians are online, which is less than five percent of the population. This indicates a tremendous growth potential in the online sphere; with the technology industry booming and economy growing at about nine percent a year, the future promises to be one of innovation and positive change in the world of technology, Dell added.