Friday, November 22
New Delhi: India’s patents and industrial filings doubled between 2018 and 2023 while trademarks grew 60% and the country now ranks 6th globally with 64,480 patent filings, up 15.7%, led by resident innovation, the commerce and industry ministry said Monday.India’s IP (intellectual property) office is the second highest globally in trademarks, with 3.2 million registrations in 2023 and the country’s Patent-to-GDP ratio surged to 381 from 144 over the past decade.“A global leader in innovation. India has exhibited a remarkable growth in the patents, designs & trademarks filings according to @WIPO Indicators 2024 report,” commerce and industry minister Piyush Goyal said in a post on X.“For over a decade now, the Modi government has nurtured a thriving ecosystem for innovation
As India is moving to become a semiconductor manufacturing hub, the industry is poised to generate 1 million jobs across varied sectors by 2026, a report said on Monday. This demand is expected to be seen in various categories, including an estimated 3,00,000 jobs in chip semiconductor fabrication, around 2,00,000 positions in ATMP (Assembly, Testing, Marking, and Packaging), and additional roles in chip design, software development, system circuits, and manufacturing supply chain management, said a report by talent solutions company NLB Services. Further, the report revealed that there will be a demand for a skilled workforce, including engineers, operators, technicians, and specialists in quality control, procurement, and materials engineering, emphasizing India's strategy to build a rob
India's net direct tax collection grew 15.4 per cent year on year to Rs 12.1 lakh crore during the period April 1-November 10. Direct taxes include corporate and personal tax. It grew over 21 per cent to Rs 15 lakh crore on a gross basis during the period, a statement issued by the income tax department said. The government said it had issued tax refunds of Rs 2.9 lakh crore.
As India is moving to become a semiconductor manufacturing hub, the industry is poised to generate 1 million jobs across varied sectors by 2026, a report said on Monday. This demand is expected to be seen in various categories, including an estimated 3,00,000 jobs in chip semiconductor fabrication, around 2,00,000 positions in ATMP (Assembly, Testing, Marking, and Packaging), and additional roles in chip design, software development, system circuits, and manufacturing supply chain management, said a report by talent solutions company NLB Services. Further, the report revealed that there will be a demand for a skilled workforce, including engineers, operators, technicians, and specialists in quality control, procurement, and materials engineering, emphasizing India's strategy to build a rob
The nearly 10-year-old Vistara is set to bid adieu to the skies as the well-regarded full service carrier will operate its last domestic and international flights as an independent airline late on Monday night. Vistara flight UK 986 will fly from Mumbai to Delhi and UK 115 will fly from Delhi to Singapore. It will be the last time that the flight code 'UK' will be dotting the firmament and from Tuesday onwards, Vistara flights will have the new code 'AI2XXX'. Interestingly, when the airline commenced operations on January 9, 2015, it was the other way around as the maiden flight operated from Delhi to Mumbai. An official on Monday said Vistara's last flights on domestic and international routes are scheduled to be UK 986 and UK 115, respectively. UK 986 is to depart at around 2250 hours
