India witnessed a 13.6% YoY growth rate in patent filings in fiscal 2022, marking the highest annual increase in the last decade. Nasscom’s report, released on World Intellectual Property Day, revealed that in fiscal year 2022, the percentage of domestic patent filings increased to 44.4% of total filings, up from 41.6% in FY2021.

Additionally, of the total patents filed in the telecommunications sector, 2.4% were in emerging areas such as 5G and 6G.

Between FY2010 and FY2022, India saw 584,000 patent filings, of which 266,000 were related to technology. Of these technology patents, 160,000 were in the emerging fields of AI, IoT, big data, cybersecurity, and Blockchain. Over 50% of the patents filed in emerging technologies during the same period in India were related to AI and IoT, covering a range of applications such as building automation, smart wearables, neural networks, and connected healthcare.

Pattern Analysis and Image Analysis also played a significant role, comprising 28% of all patents filed. Additionally, the number of patents related to Blockchain saw a compound annual growth rate of over 25% during this period.

“To accelerate the development of India’s intellectual property creation ecosystem, it is imperative to establish clear timelines for both applicants and examiners for each process/office action,” said the report.