New Proposed Patent Rules, 2015 to boost easy of doing business
The government on Thursday 29th Oct 2015, proposed amendments to the rules under the Patents Act to streamline the application process, as part of its efforts to improve the ease of doing business in India.
The Indian Patent Amendments (Amendment Rules), 2015 released by the Department of Industrial Policy and Promotion (DIPP) on Thursday seeks to fast-track the patent application and processing procedure, and clarifies the manner in which certain information and supporting drawings are to be furnished. Stake holders have 30 days to give their feed back.
The rules seeks to encourage the manufacturing sector by offering expeditious processing of patent applications in cases where an investor has committed to use that innovation for its manufacturing activity in India.
One of the proposed amendment is the Expeditious examination process also available when the applicant or his assignee or prospective manufacturer (licensee) has already started manufacturing of the invention in India, or has undertaken that the manufacturing shall commence within two years from the grant of patent.
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