♦ India recorded more than 5.5 lakh domestic trademark filings during 2024–25, marking the highest ever registrations in a single year, Commerce and Industry Minister Piyush Goyal said. The surge in filings reflects the growing strength of India’s institutional framework for protecting intellectual property and safeguarding the interests of innovators and creators, he said, noting that such protection plays a direct role in supporting economic growth.
♦ Goyal said the Trade Marks Act, 1999 has remained a central pillar in protecting intellectual property for over two decades.
♦ According to the minister, the highest number of trademark registrations during the year were recorded in pharmaceuticals, veterinary, and sanitary preparations.
♦ The Trade Marks Act provides legal protection to businesses against infringement, allowing them to secure brand identity while ensuring fair competition in the marketplace. Under the Act, trademarks are registered for an initial period of 10 years and can be renewed for successive 10-year terms.