IPR – government's flagship projects - Fusion - WeRIndia

IPR – important part of government’s flagship projects

IPR – important part of government’s flagship projects

The robust IPR regime is an integral part of the flagship projects of Indian government like Make in India and Digital India. These projects are encouraging foreign companies to invest in India and also to establish their bases in India for manufacturing, R&D and outsourcing.

Consul General Harish Parvathaneni talked about the Indian economy and the recent changes it went through which affects the legal and business ecosystem of the country in a keynote address hosted by Confederation of Indian Industry (CII) in partnership with Texas A&M University School of Law. He also talked about the flagship schemes of Indian government for the sake of business and investors.

He said that IPR regime of India is robust and that it covers patents, trademarks, and copyrights. He also said that India has complete compliance with World Trade Organisation (WTO) agreement on Trade Related Aspects of Intellectual Property (TRIPS) and World Intellectual Property Organisation (WIPO). He added that India has a strong engagement with US and partner countries on IPR.

Discussions have been made with all stakeholders regarding the Draft National IPR Policy which has been released. The government of India is trying to leverage the strengths of IPS in order to have efficient development and transfer of technology, encouraging creative industries and innovations, and empowering local communities in securing benefits from their knowledge base.

Kapil Sharma, Vice President- Government & Public Affairs, Wipro talked about the operations of Wipro in the US and about the extensive community outreach done by the Azim Premji Foundation especially in the education sector.

Mani Iyer, Mahindra USA President and CEO talked about the ethics, operations and corporate social responsibility in US of Mahindra North America. He bought attention to the point that India is the 8th largest source of FDI into the United States and that Texas is the number one receiver of Indian FDI.

Image credit: PM launches “Make in India” global initiative image by Narendra Modi is licensed under CC BY-SA 2.0

Image Reference: https://www.flickr.com/photos/narendramodiofficial/15346360251

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