Friday, December 27, 2024

IIT-Madras granted record number of patents in 2023

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The number of patents granted to the Indian Institute of Technology-Madras doubled in 2023 from the previous year, reaching a record high of 300, officials said on Wednesday. In addition, the number of international patents filed, including those granted under the Patent Cooperation Treaty (PCT), also recorded a significant increase, rising to 105 during 2023 from 58 in 2022, they said.
Additionally, 226 patents have already been filed during the current fiscal (as of December), including 163 Indian patents and 63 international patents applications (including PCT). Since the inception of the Indian Institute of Technology (IIT)-Madras, a total of about 2,550 intellectual property (IP), including patent, applications have been filed, both in India (1,800) and abroad (750) so far, of which about 1,100 are registered IPs or granted patents (about 900 Indian and 200 international).
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