News: Domestic and global companies in emerging technologies have filed over 80,000 applications in India between 2016 and 2020.
Areas ranging from Artificial Intelligence (AI), the Internet of Things (IoT), and big data to the cloud, Edge, cybersecurity, and real-time processing account for 70 percent of all technology patents.
India is now ranked 8th in terms of AI patent filing and 4th in terms of AI research papers.
Consumer electronics, personal computing devices, and healthcare are the key focus areas for patents in India in AI.
AI accounted for 6 percent of all emerging technology patents filed in the last five years.
In the vehicle infotainment, 78.85 percent of the 300 patents between 2011-2020 were filed in India in the past five years. This percentage share is the highest in any country. However, in terms of the total number of vehicle infotainment patents, India lags behind China and USA.
What are the possible reasons for the increase in patent applications in India?
Firstly, Indian and global companies see India as an important market at par with the US and China. For instance, From 2016-2020, 40 percent of the patents filed in IoT in India originated in the US.
Further, top players like chip design company Qualcomm, Xiaomi, Apple, and Alibaba have filed patents in India in the emerging ultra-wideband technology.
Secondly, India is increasingly becoming a key center for R&D in areas like AI, IoT, and electric vehicle technology.
Source: This post is based on the article “India climbing up the ladder of emerging tech patents, shows data” published in Business Standard on 10th Jan 2022.