City
Epaper

India signs Final Act of Riyadh Design Law Treaty

By IANS | Updated: November 26, 2024 13:05 IST

New Delhi, Nov 26 India has signed the Final Act of the Riyadh Design Law Treaty adopted by ...

Open in App

New Delhi, Nov 26 India has signed the Final Act of the Riyadh Design Law Treaty adopted by the member states of the World Intellectual Property Organisation (WIPO) after nearly two decades of negotiations, the Commerce and Industry Ministry announced on Tuesday.

The treaty seeks to harmonize the procedural frameworks for industrial design protection, improving the efficiency and accessibility of registration processes across multiple jurisdictions. By standardizing procedural requirements, the DLT reduces administrative burdens, thereby promoting global creativity in design. Its goal is to ensure that the benefits of streamlined design protection are accessible to all stakeholders, with particular emphasis on small and medium-sized enterprises (SMEs), startups, and independent designers, the statement explained.

The DLT introduces several key provisions aimed at benefiting design applicants, including relaxed time limits, the reinstatement of lost rights, the option to correct or add priority claims, simplified procedures for recording assignments and licenses, and the option to file multiple designs in a single application.

These changes provide greater flexibility for design applicants. Furthermore, the treaty encourages contracting parties to work towards implementing electronic industrial design systems and facilitating the electronic exchange of priority documents. When combined with initiatives like the Startup India programme and the Startups Intellectual Property Protection (SIPP) scheme, these provisions will help empower startups and SMEs to secure design rights globally, boosting their competitiveness and supporting market growth.

“India, with its rich heritage of creativity and craftsmanship, has long recognized the crucial role of design in driving sustainable economic development. The country’s policy emphasis on design protection as a catalyst for innovation has delivered impressive results,” the statement added.

Over the past decade, design registrations in India have tripled, with domestic filings increasing by 120 per cent in the last two years alone. Notably, design applications grew by 25 per cent last year.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketZaheer Khan stats LSG will stick to the plan that NCA has developed for Mayank

Cricket"Bowlers did a great job": RCB skipper Rajat Patidar after registering win over Delhi Capitals

InternationalUkraine offers condolences to Canada after "heartbreaking" Vancouver festival tragedy

Other SportsIndia wins big at 2nd Asian Yogasana Sport Championship with record 83 Gold Medals!

Cricket"It was a top win, especially looking at the surface": Virat Kohli reflects on RCB's victory over DC

National Realted Stories

NationalFive Bangladeshi nationals pushed back for illegal infiltration: Assam CM

National‘Not just half an hour, but Pakistan is half a century behind India’: Owaisi

NationalWords of PM Modi resonate with spirit of seva and nation-building: Tripura CM Saha

National19 people arrested for ‘pro-Pakistan’ stand: Assam CM

NationalSecurity forces kill three NSCN (KYA) militants in Arunachal; rescue construction worker