Startup action plan: 120 ventures get patents, 1 granted in just 101 days
The department has taken several steps under the Startup India action plan, which was launched in 2016, to encourage budding entrepreneurs to file patent and trademark applications.
- Startup action plan: 120 ventures get patents, 1 granted in just 101 days
- According to the data, as on March 31 this year, 450 applications were filed since 2016 under the fast examination facility and 120 patents were granted and 42 were refused for certain reasons.
- NEW DELHI: As many as 120 startups have received patents for their products until March 31 this year under the Startup India action plan , according to the Department for Promotion of Industry and Internal Trade's data.