India's new IPR policy will foster innovation: US

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The launch of national intellectual property rights (IPR) policy demonstrates Indian Government's commitment to fostering innovation, a top US official on Wednesday said.

Arun M Kumar, Director General, US and Foreign Commercial Service, and Assistant Secretary, Global Markets, US Department of Commerce, said the US Government in its preliminary assessment of India’s IPR policy has found that it includes “positive aspects, including centralising the copyright and patent regimes under DIPP and improving co-ordination between the Centre and states on compliance.”

The remarks assume significance as the US continues to put India on its priority watch list for IPR through its Special 301 report which was released last month.

Daily Pioneer
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