The post below gives the statistics of patent filings, grants and revenue generated in India in the past decade. Intellectual Property is an essential component for the development of a country. Intellectual property rights confer exclusive rights on creators and inventors who contribute to the betterment of the society through their creations in different fields of knowledge. The Intellectual Property systems not only boost the collective knowledge of the society but also escalate its dissemination. In the past few decades, the…