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Chitra Iyer, head of intellectual property and standards at Philips India, argues that India’s first judgment on standard essential patents is for the greater good

India is slowly emerging as a land of opportunity for entrepreneurs and investors, with a definite focus on improving its legal and IP machinery. Notable is the desire to improve the speed and efficiency of IP prosecution, and the creation of commercial courts for handling IP matters in a timely manner.

In line with these developments, the Indian government came up with an ambitious national IPR (intellectual property rights) policy in 2016. In the past few years, India has also made positive efforts to position itself as an attractive market for investments with several new initiatives such as the “Make in India” initiative, from 2014, to transform India into a global design and manufacturing hub. The “Startup India” programme to incentivize the vibrant startup culture with support, efforts to improve the country’s ranking in the Global Innovation Index, and similar efforts with regard to the “ease of doing business” index have also reaped results. In the past two years, India’s position in the ease of doing business index has witnessed an impressive leap of 53 places. According to the World Bank’s 2019 report, India is now 77th out of 190 countries. The ambition is to break into the top 50 countries in the coming years.

As jurisprudence evolves in India and a supportive legal framework develops to better support IP commercialization and enforcement, India will create confidence for global investors. Investments in India will flourish in a balanced and welcoming IP environment.

Some of the greatest innovations of the modern era have been realized by companies collaborating to set standards. Standards define the specifications necessary to enable products developed by different companies to be compatible with one another. This interoperability between devices ensures safer, more reliable products, and more choices for consumers.

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