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46% of trademark applications registered by start-ups
March 15, 2021
The number of trademark applications recorded by start-ups in India under the Startup India plot has developed to 14,252, as of March 14, 2021, as indicated by a government information. From four applications documented and two enlisted during the main year (2016-17) of the plan, new companies have 6,630 applications enrolled up until this point (46.5 percent of recorded applications), showed information from the Indian Patent office.
The year-on-year development in applications recorded and enlisted has additionally been huge. 6,092 applications have effectively been recorded in 2020-21 up until this point, up from 4,130 applications documented in 2019-20 and 2,596 recorded in 2018-19 while the enrolled application base has bounced from 1,789 out of 2018-19 to 2,428 of every 2019-20.
As of March 14, 2021, the number of enrolled applications during the current financial year remained at 1,319, as per an examination of information from the DPIIT 2020-21 yearly report.
In any case, startup brand name documenting and enrollment addressed just a microscopic piece of the general numbers. According to the Indian Patent Office FY19 report most recent accessible on its portal, 3,23,798 trademark applications were documented in India by organizations across sizes in comparison with 2,596 startup applications (0.8 percent).
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