9,500 patents in the US found to be filed by Indian companies in last six years

According to NASSCOM's India Patents report, Indian companies have filed over 9,500 patents in the US between 2015-21, an increase of around 47% over 2015-2019. The report also mentioned that 138,000 technology-related patents in India were also filed during the same period.

Out of the 9,500 patents, top domain areas in tech space were computer technology, communication technology and artificial Intelligence, as well as pharmaceuticals, chemistry and chemical compositions, and mechanical and structural inventions.

The report also mentioned that Indian start-ups filed around 400 technology patents during 2015-2021, an increase of 45% from 280 patents in 2015-2019 period. Tech patents filed by individual inventors/academia research witnessed the highest growth of 60%, with Indian companies recording a growth of over 50% in 2015-21 over 2015-19.

Software Apps, Healthcare and Medical Devices were leading as top application areas in patent filing with a combined share of over 21% compared to a similar share in 2015-19 period. US accounts for close to 62% of tech exports in FY2022, and would continue to drive share of tech patents as it reflects a start-up promotive and IP-right friendly environment.

Sangeeta Gupta, Senior Vice President, NASSCOM, said, “It is highly encouraging to note that Intellectual Property creation remains a key imperative-with India domiciled organizations registering an increase of over 45% in 2015-2021 up from 6,500 patents during 2015-2019.”