India granted record 41,010 patents : Piyush Goyal

The Indian patent office has granted “highest” number of 41,010 patents till November 15 this fiscal year, Commerce and Industry Minister Piyush Goyal has said.
In 2013-14 fiscal year, 4,227 patents were granted.

“It’s a record. Highest ever number of patents granted so far in 2023-24,” he said in a post on social media platform X.

On this, Prime Minister Narendra Modi said this is a “notable feat” and it marks a milestone in India’s journey towards an innovation-driven knowledge economy.

“India’s youth will be great beneficiaries of such strides,” he said.

The prime minister recently stated that the rise in patent applications in India demonstrates the rising innovative zeal of its youth and is a very positive sign for the times to come.