August 20, 2022

Every 2nd patent granted since 2016 relates to Green tech; most linked to waste, alternative energy | India News

BENGALURU: Each and every second patent granted in India between 2016-2021 is connected to eco-friendly know-how and a quarter of the inexperienced technologies patents are about different strength manufacturing, coinciding with the Centre’s efforts on “enhanced use of inexperienced technological know-how for boosting financial system and encouraging consumers to use products and solutions created through use of these kinds of technology”.
Details from the ministry of commerce and sector shows that additional than 91,500 patents had been granted in between 2016-17 and 2020-21, although the information for 2021-22 was not immediately obtainable. However, likely by the trend in the previous two several years, India is expected to clear at least 25,000 more applications this calendar year.

Screenshot_20220208-091525

Different data from the ministry demonstrates that amongst 2016-17 and 2021-22 (up to January), 61,186 patents relating to environmentally friendly systems have been granted. Year-on-year analysis shows that in each and every of the many years besides for the present fiscal calendar year for which the full quantity of patents is unavailable, patents relating to inexperienced technologies have accounted for virtually 50 percent of all patents granted.
General, 61,186 patents related to environmentally friendly technologies have been granted in the claimed period. Of these, 90% are for systems relating to waste management and alternate power generation — 38,837 or 63% of them are associated to waste management and much more than 16,000 or 26% are for alternate vitality creation.
The rest of the environmentally friendly know-how patents are for energy conservation (2,555), transportation technologies (2,481), nuclear electrical power technology (1,079), agriculture-and-forestry (161), and other people (69).
From strategic partnership with Denmark to a nationwide programme that delivers creation joined incentives to solar PV brands and from thrust for renewable energy systems to initiatives by the section of science and technological know-how (DST), the Centre has initiated a slew of actions to enhance green technologies in the nation.
The division of telecommunications too has issued the several instructions to the telecom assistance providers (TSPs) for use of renewable power technologies. More, when announcing its commitments at the COP26, India emphasised that local climate finance and the transfer of applicable systems have become even a lot more important for the implementation of weather action by acquiring countries.
While reiterating that there has been major improvement in the overall patent landscape in India, the Financial Study has pointed out: “India’s rating in Global Innovation Index has climbed 35 ranks, from 81st in 2015-16 to 46th in 2021. This is a impressive development, but the amount of patents granted in India is nevertheless a portion when compared to patents granted in China, United states, Japan, and Korea. According to the Environment Mental Home Organisation (WIPO), the range of patents granted in China, Usa, Japan, Korea stood at 5.30 lakh, 3.52 lakh, 1.79 lakh, 1.35 lakh respectively for 2020,” the a short while ago introduced Financial Study reads.