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India’s rising patent application numbers are a mirage

Mint Ahmedabad

|

October 02, 2025

How we analyse statistics on Indian patents often fails to offer the correct perspective, which should include research quality, commercial potential, global competitiveness and other important parameters, not all of which are reflected in patent data.

- MIHIR MAHAJAN & ARINDAM GOSWAMI

Data from the Indian patent office shows that patent filings have risen in India from about 40,000 in 2013 to about 60,000 in 2023, driven mainly by Indian entities upping their contribution from 20% of the total to 60%. The Indian patent office has improved its throughput, with the average time taken to grant an approval falling from eight years in 2013 to less than one by 2023. The overall growth in patent filings was led chiefly by educational institutions, which went from 20% of all filings in 2013 to about 42% in 2023. Filings by individual inventors also show a large increase, while the share of companies dropped from 40% to under 20%.

To get a patent, an invention needs to meet the criteria of possessing novelty, having an inventive step (to exclude straightforward modifications of existing technology) and being of industrial use (having a practical application). These criteria would only be met by serious researchers solving commercially-relevant problems that require substantial spending on research and development (R&D), including capital equipment, salaries and benefits for those involved.

MEER VERHALEN VAN Mint Ahmedabad

Mint Ahmedabad

The company founders who think they need not one but two successors

Finally convinced it is time to step aside, company founders often decide it takes two people to fill their big shoes—despite the mixed record of companies led by co-CEOs.

time to read

3 mins

October 02, 2025

Mint Ahmedabad

We must not put academic knowledge beyond scrutiny

We live in an age defined by knowledge. We are acutely aware of its value and importance to humanity.

time to read

3 mins

October 02, 2025

Mint Ahmedabad

Mint Ahmedabad

Prez Trump's proposed changes to visa rules assailed by chip industry

The F-1 student visa serves as a critical pipeline to the tech workforce

time to read

4 mins

October 02, 2025

Mint Ahmedabad

Mint Ahmedabad

A play of wind, water and light on a canvas in Skagen

Skagen, at the tip of Denmark, is known for its sea, dunes, ethereal light, and artists who made this town immortal

time to read

3 mins

October 02, 2025

Mint Ahmedabad

Mint Ahmedabad

Festive cheer: Govt hikes DA, crop prices in ₹1.2 trillion push

The government on Wednesday approved a hike in dearness allowance for its employees, increased the minimum support price (MSP) for key crops, and okayed a mission to boost pulses output in the country, in decisions that will cost the Centre ₹1.2 trillion.

time to read

1 mins

October 02, 2025

Mint Ahmedabad

Rupee recovers 9p; closes at 88.71/dollar

The rupee recovered 9 paise from its all-time closing low to settle at 88.71 against US dollar on Wednesday, as the central bank in its monetary policy decision announced a host of measures to support exporters and bring stability to the domestic unit.

time to read

1 min

October 02, 2025

Mint Ahmedabad

Mint Ahmedabad

Festive demand, tax cut power India's auto sales in September

keting head Partho Banerjee said.

time to read

2 mins

October 02, 2025

Mint Ahmedabad

Mint Ahmedabad

New Income Tax Act hasn't simplified tax: CA Prakash Hegde

Over the past few years, two big shifts have changed how Indians plan their taxes: the introduction of the new tax regime and the changes in capital gains taxation.

time to read

2 mins

October 02, 2025

Mint Ahmedabad

Mint Ahmedabad

Pocket FM to raise $150 million

The firm has appointed Goldman Sachs to raise the funds it will use for global expansion, stronger technology

time to read

2 mins

October 02, 2025

Mint Ahmedabad

Mint Ahmedabad

No rate cut, but RBI to relax norms

The RBI may also relax some of the restrictions on operating so-called transaction accounts— current accounts, cash credit accounts and overdraft accounts.

time to read

2 mins

October 02, 2025

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