Patent applications of residents reached 14,961 in 2017 in India, according to World Bank. This is 13.3 % more than in the previous year.
Historically, patent applications of residents in India reached an all time high of 14,961 in 2017 and an all time low of 721 in 1960. When compared to India's main peers, patent applications of residents in Bangladesh amounted to 61.0, 1,245,709 in China, 193 in Pakistan and 277 in Sri Lanka in 2017.
India has been ranked 10th within the group of 109 countries we follow in terms of patent applications of residents, 4 places above the position seen 10 years ago.
Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention, a product or a process that provides a new way of doing something or offers a new technical solution to a problem.