IIT Madras has crossed the 1,000-mark in patents generated by it in india and abroad, officers aforementioned

New Delhi: Indian Institute of Technology Madras has crossed the 1,000-mark in patents generated via way of means of it in India and abroad, officers stated. The variety of patents filed via way of means of the institute has additionally doubled withinside the final 5 years with American accounting for the best variety of patents filed out of doors India.

As of March 31 this year, the overall variety of patents filed in India become 1,204 and the overall variety of global patents filed become 529. Of these, a hundred and fifty-five patent programs had been filed withinside the US. IIT-Madras bears 70 percent of the price of submitting overseas patents with the inventor bearing the rest.

"Another big component becomes the huge variety of global patents (218) filed below the Patent Cooperation Treaty (PCT). The PCT assists candidates in searching for patent safety across the world for his or her inventions.

By submitting one global patent utility below the PCT, candidates can, in the end, are seeking safety for an invention in all of the international locations which can be celebrated to the PCT (153 international locations, as of date)," stated Ravindra Gettu, Dean, Centre for ICSR.

Mr. Gettu stated the Centre has undertaken many tasks in recent years to pressure this growth in patents being filed in India and abroad.

"A committed IP Cell has been mounted on the International Centre for the Study of Radicalisation (ICSR), which conducts highbrow property (IP) consciousness application frequently to sensitize college students or school at the significance of IP safety and monetization," he stated.

Mr. Gettu stated the institute has enabled patent submitting thru consciousness campaigns amongst school individuals and college students.

"The approaches have additionally been made simpler and faster, without interfering in courses and thesis completion, that are frequently the number one consciousness of our researchers.

Monetization of IP is likewise the latest consciousness region to sell patenting and fund greater developments," he stated.