SME Times is powered by   
Search News
Just in:   • Indo-Nepal trade: Let's Wait for the Dust to Settle   • India-US tariff stalemate likely to be resolved in 8-10 weeks: Chief Economic Advisor  • PM Modi-Trump phone call 'moment of bonhomie', says former senior Indian official  • India ready to take relationship with EU to next level: PM Modi to Ursula von der Leyen  • India's efforts to shape sustainable future across region lauded at East Asia Summit event 
Last updated: 28 Apr, 2021  

msme-THMB-2010.jpg 'Need for MSMEs to protect their innovative products'

MSME.9.jpg
   Top Stories
» India's contribution to global GDP growth to reach 9 pc by 2035: Govt official
» Centre to help ITIs become AI-driven training centres: FM Sitharaman
» Sensex, Nifty make strong gains amid positive cues after US Fed rate cut
» US Fed decision paves the way for RBI to go for more rate cuts: Analysts
» Piyush Goyal to embark on 2-day UAE visit today
SME Times News Bureau | 28 Apr, 2021

The Centre has been taking all necessary measures to spread awareness on the significance of intellectual property rights in protecting and monetizing their creative inventions, a senior official said on Wednesday.

Addressing a webinar on 'From Minds to Market: IP Exploitation by MSMEs', organised by FICCI, Rajendra Ratnoo, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) stressed on the need for Indian SMEs to increasingly protect their innovative products.

G.R. Raghavendra, Joint Secretary, Law and Justice, emphasised that India's thriving creative industry must become increasingly aware of the copyright law provisions like economic and moral rights, ownership and royalty provisions, the legal remedies, enabling them to benefit by monetisation and distribution of their creative works.

Narendra Sabharwal, Chairman, FICCI IPR Committee & Former Deputy Director General, WIPO, said that globally small and medium enterprises have been the driving force behind many innovations.

Successful SMEs have been able to reinforce an idea to create a product that consumers wanted, utilised IP rights to protect it and created value for their business, he said. Underlining the inherent innovative abilities of India's small and medium businesses, Sabharwal emphasised that MSMEs must be encouraged and supported to increasingly adapt IP in business operations, especially considering the emerging technological developments.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter