News a couple of weeks late, but nevertheless one that is is an interesting development in the Indian IP arena
“The Indian Patent Office has been recognized as the International Searching Authority (ISA) and International Preliminary Examining Authority (IPEA) by the World Intellectual Property Organization (WIPO) consisting of more than 170 member countries.
This would enable Indian companies to apply for global patents by filing their applications in India only. As an ISA, major functions of the Indian Patent Office will be to approve or establish the title and conduct international searches.
The patents granted would be applicable in all the WIPO member countries.
Apart from the international recognition, the new status would also generate revenues in the form of fees that would be provided to Indian Patent Office for functioning as an ISA and IPEA.
Being the only English speaking country in the Asian region to be recognised as an ISA and IPEA would mean that several other international applications filed received by the WIPO under the Patent Cooperation Treaty would be sent to India for search and preliminary examination.