Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities

SME to adopt IPR soon

SME may soon be adopting IPR after getting help from government

SME may soon be adopting IPR, the government is mulling over a collaboration with the UN-body World Intellectual Property Organisation (WIPO), after having commissioned a study to ascertain whether India's small and medium enterprises (SMEs) are prepared to adopt the global IPR regime.

The study, being undertaken by Department of Science and Technology is a joint initiative of the Ministry of Micro, Small and Medium Enterprises ( MSME ) and the Geneva-based WIPO.

"... It is to look at IPR and its role in the SMEs in the context of economy, country's exports and their contribution in the gross domestic product," Raghavendra Saha, who is conducting the study said.

He said for the SMEs, filing applications for patents is a tedious and cumbersome job. "Neither they have time, nor funds for the same," he said.

Besides, they are not sure whether their applications for the grant of patents would be accepted or not.

Micro, Small and Medium Enterprises (MSMEs) contribute eight per cent in the country's GDP, 40 per cent of exports and 45 per cent of manufacturing output.

Related opportunities
  • About Us: Established in 2012, Hot Fut Sports, a venture of..
    Locations looking for expansion Maharashtra
    Establishment year 1950
    Franchising Launch Date 2015
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 6000 - 50000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Furniture/Home Decor & Furnishing
    About Us: NOTION -  is inviting franchisees to join hands and..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2002
    Franchising Launch Date 2013
    Investment size
    Space required 300
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Noida Uttar Pardesh
  • Ice Creams & Yogurt Parlors
    About Us: Established in the year 1956 at Fatehpuri Delhi, Giani..
    Locations looking for expansion New Delhi
    Establishment year 1956
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required 80 sq ft-300 sq ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Delhi New Delhi
  • Tea And Coffee Chain
    About Us: A Nibs is the centre of the Cocoa bean..
    Locations looking for expansion Rajasthan
    Establishment year 2012
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
Insta-Subscribe to
The Franchising World
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts