Newsletter - India IP SME Helpdesk

India IP SME Helpdesk team just published two brand-new materials “Data Protection: The Regime in India” and “Guide to Geographical Indication Protection in India”. The new factsheet provides insights into the important aspects of data protection as well as the legal regime in India. Additionally, our new guide outlines the key aspects of geographical indications and details the legal frameworks at the international level, within the EU, and in India.

On 23 July 2024, Minister of Finance Nirmala Sitharaman presented the Union Budget 2024. A key focus of the Budget is the growing importance and reliance on technologies and data to support the country's growth. She emphasised that technology is a key enabler in boosting total factor productivity and reducing inequality, and affirmed that the country will continue to increase the adoption of technology and digitalise the economy.

India has demonstrated notable progress in research and development (R&D), as highlighted in the Economic Survey 2023-24 presented in Parliament. However, despite these advancements, the nation's R&D investment remains relatively low compared to global leaders.

Jointly organised by the India IP SME Helpdesk and the University of Maribor, this training session will focus on the opportunities for European small and medium enterprises (SMEs) in India's growing market, emphasizing the importance of protecting intellectual property amidst challenges like piracy and counterfeiting.

We are collaborating with the Internationalisation Centre Styria (ICS) to organise a new training session aimed at educating European small and medium enterprises (SMEs) about intellectual property (IP) laws in India. The main objective of the session is to raise awareness about the market opportunities that India offers for EU SMEs. The session will focus on IP protection strategies in India and how best steps to take prior internationalising to India.

European Cluster Collaboration Platform will organise the EU – India Matchmaking Event in the context of the Bengaluru Tech Summit 2024. The event will bring together cluster organisations and small and medium enterprises (SMEs) from the EU, non-EU countries participating in the Single Market Programme/COSME Strand, and India. As India IP SME Helpdesk team, we are looking forward to meeting you there!