India’s Intellectual Property Registry is a global database that contains a massive amount of data on how many patents, copyrights, trademarks, and other intellectual property rights are in existence in the country.
To date, it’s estimated that there are nearly 2,400,000 patents, 5.7 million copyrights and over 5.5 million trademarks in existence.
Here’s a quick rundown of some of the more interesting data:1.
Indian patents are more numerous than the United States.
The Indian Patent and Trademark Office (IPO) claims that India has the largest number of patent holders in the world with more than 30 million active patents.
But it doesn’t include the millions of patents issued in India each year by smaller companies, which could be as many as 3,000.2.
India’s patent portfolio is much larger than the U.S. and China combined.
According to the Patent Office, India has more than 15.8 million patents, and that’s up from 5.3 million in 2016.
It’s also estimated that Indian companies have issued more than $500 billion worth of patents in the last decade.3.
India has become a manufacturing powerhouse.
India is home to about 40 percent of the world’s manufactured goods.
While India is still home to roughly 50 percent of global manufactured goods, its share of the global manufacturing sector has grown from just under 1 percent in 2011 to more than 5 percent in 2020.
In 2018, India surpassed China as the world leader in global manufacturing.4.
India exports more than 50 percent to the rest of the World.
India accounts for nearly a third of all goods shipped by sea to the U-S.
from India, and a whopping 86 percent of all U..
India was the first country to adopt a biometric system in 2021.
India began using a new fingerprint system in 2020, which will be implemented nationwide by 2020.
It will be a biometrics system with a fingerprint reader installed in every public place.
This system is called Aadhar and is based on a combination of biometric and biometric technology, as opposed to fingerprint recognition, which uses an iris scan.
The world’s largest smartphone maker, Apple, and India’s largest tech company, Google, are both using biometric identification to process transactions.
India also has plans to implement a blockchain-based system of payments and other financial transactions, and it’s working to integrate its smart-card technology into its national ID card.6.
Indian companies are growing.
In 2020, India’s gross domestic product was estimated to be $1.7 trillion, and the country has been growing rapidly.
This has resulted in the number of patents being issued by Indian companies reaching nearly 5 million, up from just over 1 million in 2020 and 3.4 million in 2021, according to the Intellectual Property Office.
India had 2.7 billion registered companies in 2020 with an estimated annual turnover of $16.5 billion, an increase of more than 25 percent from last year.7.
Indian startups are rapidly growing.
From 2020 to 2021, the number that created the world record for the number, value, or average annual revenue per employee was just 0.1 percent of India’s total registered companies, down from 5 percent of those in 2020 as well as 5.6 percent in 2021 according to an Indian business portal.8.
India doesn’t have a monopoly on patent technology.
In 2019, India ranked 16th in the Global Patent Index and had 1,845 patents, with the United Kingdom at number three and China at number eight.
India ranks 12th in patents issued per million people in 2020 (1,300), down from 16th two years ago.9.
Indian tech startups are valued at $1 trillion, but they’re not making much money.
In 2021, India is estimated to have $1,700 billion in gross merchandise value, down 3.5 percent from $1 billion in 2020 according to The Economic Times.10.
India isn’t a hub for technology, but it’s home to some of India ‘s fastest-growing startups.
In 2016, the country had 4.7 startups, up 3.3 percent from the previous year.
In 2017, the startup community had an estimated $8.4 billion in revenue, a 9 percent increase from 2016.
The number of companies that have raised over $1 million has grown by a whopping 28 percent from just 3.7 in 2016 to more nearly 8.5 in 2017.11.
India makes some of its most sophisticated patents by making use of patent technologies.
India ‘ s Patent Office claims that the country produces more patents per capita than any other country.
The country also boasts the second-highest number of IP applications (1.3 patent applications per 100,000 people) and the sixth-highest patent density in the World (2,000 patent applications in every 100, 000 people).12.
India leads the world in the amount of patents awarded per capita