WASHINGTON, D.C., April 28, 2017 – The U.S. India Business Council (USIBC) issued the following statement in response to release of the 2017 Special 301 Report by the Office of the U.S. Trade Representative (USTR):
USIBC believes there have been important developments related to India’s Intellectual Property policy in the last twelve months. These developments have paved the way for improvement in India’s IP environment, and we are encouraged by these general trends. The introduction of the National IP Policy in 2016 by the Government of India is a step in the right direction and contains many positive aspects around promoting the value of IP, while also creating an emphasis on increasing awareness and enforcement.
However, there are impediments that prevent India from fully becoming an IP friendly destination. USIBC members have noted that implementation of the National IPR Policy has been slow, leaving many of the concerns it aims to address unchanged.
USIBC takes note of the positive steps taken by the Department of Industrial Policy and Promotion (DIPP) as they launched the Cell for IPR Promotion and Management (CIPAM) and the increased number of Patent Examiners hired. There are challenges in areas such as the interpretation of Section 3 (d) and computer –related inventions (CRI). USIBC will continue to engage with all stakeholders in working towards a common goal of ensuring India’s continued progress in IPR.
Contact: Sukanya Sen | email@example.com