Curtain Raiser Press Release

Organized by FICCI in association with Intellectual Property Office (IPO), Department of Commerce & Industry, Government of India

Jaipur, 8 February: An awareness programme on intellectual property will be held at Hotel Ramada in Jaipur tomorrow. It is being organized by Federation of Indian Chambers of Commerce and Industry (FICCI) in association with Intellectual Property Office (IPO), Department of Commerce & Industry, Government of India.

The programme will be themed around the concept and basic knowledge about Intellectual Property (IP), protection of IP, sensitization of MSME and individuals about the importance of IP and the commercial advantages of innovation and IP, among others. The procedure for registering one’s IP, Enforcement of IP Rights and Commercializing IP will also be discussed.

The Chief Guest for the inaugural session of the programme will be Additional Chief Secretary, MSMEs, Government of Rajasthan, Mr. Rajeeva Swarup.

About Intellectual Property Rights:

Intellectual Property is the property which has been created by exercise of intellectual faculty and is the result of a person’s intellectual creation. Thus IP refers to creations of mind such as inventions, designs for industrial articles, literary, artistic work, symbols which are ultimately used in commerce. Intellectual Property rights allow the creators or owners to reap the benefits from their works when these are exploited commercially. IP is the exclusive right given for a specific period of time to an individual or entity over a creation of the mind. The Global Intellectual Property Centre (GIPC) Index 2016 ranks India a poor 37thout of 38 economies in terms of Intellectual Property Rights IPR compliance.

FICCI has been playing an active role in generating awareness on IP, besides building capacity of enforcement agencies, across the country. Besides, FICCI carries out extensive research and proposes customized solutions on IP issues which cater to the needs of Indian Industry and its growth. The overall objective is to promote innovation and IP culture for national development; sensitize industry, enforcement agencies, judiciary and other stakeholders about the significance of IP protection & its effective enforcement and in building their capacities.

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