The US Chamber of Commerce has welcomed India's new IPR policy, stating that it hopes the move is a "precursor" to the "concrete, structural" changes necessary for implementation of a strong innovation model.
“We hope the announcement is a precursor to the concrete, structural changes that are necessary if India is to implement a strong IP-led innovation model,” said Patrick Kilbride, Executive Director of International Intellectual Property of the US Chamber of Commerce’s Global Intellectual Property Center (GIPC).
“We welcome the government’s understanding that India’s innovative economy requires effective IP protection and hope this commitment will lead to decisive legal reforms,” Kilbride said.
“We will be carefully reviewing this policy to determine whether this document creates the foundation for such steps. Regardless, IPR will continue to be a central issue for any discussions between India and the international business community,” Kilbride added.
The policy, with a tagline of ‘Creative India: Innovative India’, has called for updating the various intellectual property laws to remove the anomalies and inconsistencies in consultation with stakeholders.
Nasscom said it "applauds it (policy) for encompassing the entire value chain spanning across IPR awareness, generation, legislative framework, administration, commercialization, enforcement and adjudication, human capital, comprehensively covering all aspects of the domain".
"This single umbrella approach will help leverage linkages between various IP offices. The proposed Cell for IPR Promotion and Management (CIPAM) to be constituted under the aegis of DIPP, would be an important connection with the inventors and innovators," said Nasscom in a statement.
"The support for IPR generation for information and communications technology, including those relating to cyber security for India are welcome," it said.
"Further, periodic reviews and updates of IP related rules, guidelines, procedures will ensure an effective IPR regime and Nasscom is committed to work closely with the DIPP as the policy is implemented to support an innovation led Industry in India," Nasscom added.
By Premji
