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India’s rising patent application numbers are a mirage

Mint Mumbai

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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 Mumbai

Mint Mumbai

Mint Mumbai

Hexaware sued for $500 million in US over patent breach

American IT services firm Natsoft Corp. has sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one of the biggest patent cases against an Indian IT firm.

time to read

3 mins

October 03, 2025

Mint Mumbai

H-1B clampdown may extend to US college faculty

Rising anti-immigration sentiment in the US is no longer confined to moves to limit foreign technology workers from entering the country.

time to read

2 mins

October 03, 2025

Mint Mumbai

FPIs pull record ₹2 tn on valuations, weak rupee

Heavy outflows could cap market gains; Nifty returns just 0.3% in dollar terms

time to read

2 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

Govt scans e-commerce cos’ COD charges, refund delays

The government will examine if cash-on-delivery charges imposed by online retailers are aimed at nudging consumers to pay upfront, and why refunds are delayed or blocked if prepaid orders are cancelled, said two people aware of the matter.

time to read

2 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

A seven-seater SUV with a touch of style

The Volkswagen Tayron brings refined European flavour to the three-row SUV space, offering premium interiors and features

time to read

3 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

Thyssenkrupp-EP Group JV ends, Jindal gains clear run

EP Group agrees to exit the talks, returning its 20% stake in Thyssenkrupp Steel Europe

time to read

2 mins

October 03, 2025

Mint Mumbai

Mint Mumbai

India gets $13 billion investment pledges to make electronic parts

India’s scheme offering incentives to create an electronics component supply chain has generated strong interest as the Centre received 249 applications, proposing investments totalling $13 billion (₹1.15 trillion), according to Union information technology (IT) minister Ashwini Vaishnaw.

time to read

1 mins

October 03, 2025

Mint Mumbai

Russia looking to 'escalate': Zelensky

Ukraine’s president Volodymyr Zelensky warned Europe on Thursday that recent drone incursions showed Russia was looking to “escalate” its aggression, as he offered his country’s war-honed expertise to help counter the threat.

time to read

1 min

October 03, 2025

Mint Mumbai

Mint Mumbai

Auto parts cos grow abroad, following Motherson model

Companies scout for global opportunities in forgings, castings, interiors and electronics

time to read

3 mins

October 03, 2025

Mint Mumbai

Hackers extort executives after claiming Oracle apps breach

Executives and technology departments at large organizations are being extorted by a notorious ransomware group that claims to have stolen their data from a suite of popular Oracle Corp. applications.

time to read

1 min

October 03, 2025

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