Manufacturing cos lead in filing patents.
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NEW DELHI: Corporate India is in an innovation mode. And, it’s not IT companies, but manufacturing conglomerates that rule the roost, going by the maximum number of patents filed. That’s not all.
A SundayET analysis of the latest intellectual property rights (IPR) data has found that even two PSUs figure in the top 10 companies that filed maximum number of patents during 2006-07 and 2007-08. In fact, the number of patent applications in FY08 was 21% more than FY07.
According to the IPR data, Hindustan Unilever, Ranbaxy, Cipla, Tata Steel, Tata Motors, Bharat Heavy Electricals (BHEL) and Steel Authority of India (SAIL) filed maximum number of patents.
Whereas India’s largest consumer products company Hindustan Unilever (HUL) filed 251 patents in the last two fiscals, pharma majors Ranbaxy and Cipla filed 208 and 53 patents, respectively, during the same period, the analysis has found out. Tata Steel filed 45 patents, and according to sources in the government, most of the Tata Motors’ 40 patents are connected to its Rs 1-lakh car Nano.
Among the top 100 tech companies in India, almost 89 have not filed any patent applications as yet. During FY07 and FY08, India’s top two exporters of software services TSC and Infosys Technologies filed 14 and 22 patents, respectively.
Corporate India’s growing interest in filing patents is a reflection of the country’s increasing economic and R&D activities and the realisation that new products are to be IPR-protected.
“The sheer number of patents being filed by India Inc is an indication that more and more innovations are taking place now. For some industries, filing patents may not be so important. ONGC, for example, filed just three patents in the last two fiscal years, and Reliance Industries filed just seven patent applications,” an official in the ministry of commerce and industry said.
Among Navratna companies, Bharat Heavy Electricals (BHEL) topped the list of filing patents with 36 applications, followed by Steel Authority of India (SAIL) with 23 and Indian Oil Corporation (IOC) with 10. Some of the Navratna companies, including National Thermal Power Corporation (NTPC), GAIL (India), MTNL, Power Finance Corporation (PFC) and Bharat Electronics, have not file a single patent in the last two fiscals.
In fact, during 2007-08, the government received 35,067 applications and granted 15,262 patents. Though India Inc has come forward to file more patents, the number of patents filed by prominent education and research organisations far exceed that of corporate India.
Whereas Council for Scientific and Industrial Research (CSIR) has toped the over-all list with 1,741 patents filed during FY07 and FY08, Indian Institute of Technology (IITs) stood second with 90, followed by Indian Council of Agriculture Research’s (ICAR) 27.