Tag «patent costs»

Is it because of the patent costs or strict patent laws that Indian SMEs are moving out of India? Tarun Bansal, Founder & Director, SagaciousIP

The SME industry of India is no doubt a driving force for the Indian economy today. There are more than lakhs of SME units in India with investment of above Rs. 1 lakh crore. The sector has contributed approximately 40 percent to industrial production and 6 percent to country’s GDP. Approximately 70 percent of the employment growth …