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IIT Madras records 92% jump in Indian patents granted during 2023.

IIT Madras records 92% jump in Indian patents granted during 2023.

The number of international patents filed, including those granted under the Patent Cooperation Treaty, also recorded a significant increase, going up to 105 in 2023, from 58 in the preceding year

The Indian Institute of Technology – Madras (IIT Madras) saw a 92 per cent jump in the number of Indian patents granted in 2023, rising from 156 patents in 2022 to 300 in 2023.
 
Additionally, the number of international patents filed, including those granted under the Patent Cooperation Treaty (PCT), also recorded a significant increase, going up to 105 in 2023, from 58 in the preceding year. Furthermore, as many as 221 patents have already been filed during the current financial year (as of December 2023), including 163 Indian patents and 63 international patent applications (including PCT).
 
Since the institute’s inception, a total of about 2,550 IP (including patent) applications have been filed both in India (1,800) and abroad (750) so far, out of which about 1,100 are registered IPs/granted patents (about 900 Indian and 200 international). Interestingly, the institute started filing patent applications as early as January 1975 (granted in May 1977). The total number of IP applications filed crossed 1,000 in 2016, 2,000 in 2022, and 2,500 in 2023.
 
Lauding the faculty, researchers, and students on their pioneering and translational research, V Kamakoti, director of IIT Madras, said, “As we are marching towards our 100th year of Independence, for Bharat to become a superpower, it is very important to protect our ideas. In this direction, I congratulate the faculty and students and the Office of Industrial Consultancy and Sponsored Research (ICSR) who have put together a very comprehensive programme, by which we have created a record in the number of patents filed.”
 
Researchers at IIT Madras are generating IP in domains such as wireless networks, advanced materials, robotics, additive manufacturing technology, engine advancements, assistive devices, advanced sensor applications, clean energy, aerospace applications, polymer materials, thin films, catalysts, and biomedical applications, among other emerging technologies. The Office of Industrial Consultancy and Sponsored Research (ICSR) at IIT Madras coordinates the different aspects related to intellectual property and technology transfer. The centre collaborates with faculty, researchers, and students and also has a dedicated legal cell.
 
Elaborating on the institute’s support provided to researchers, Manu Santhanam, dean (ICSR) at IIT Madras, said, “The institute has made it easy for inventors to access existing patent information through an online AI-based patent search tool. This facility has helped the inventors not only to quickly evaluate the invention by themselves but also to improve their ideas and claims. The emphasis is also equally on the quality of the work being translated as IP. This is only possible because of the collaborative effort of our inventors and the IP team.”
 

Original News Link

https://www.business-standard.com/education/news/iit-madras-records-92-jump-in-indian-patents-granted-during-2023-124022100287_1.html