Rise in patent applications in India demonstrates rising innovative zeal of youths: PM Modi

New Delhi, Nov (PTI) Prime Minister Narendra Modi said on Wednesday that the rise in patent applications in India demonstrate the rising innovative zeal of its youths and is a very positive sign for the times to come.

He was reacting to a World Intellectual Property Organization report which said patent applications by residents of India grew by 31.6 per cent in 2022, extending an 11-year run of growth unmatched by any other country among the top 10 filers.Global patenting activity soared to new records in 2022, fuelled by Indian and Chinese innovators and powered by increased levels of innovation, entrepreneurship and digitalisation in these countries.