Press Release
FICCI – IPO Intellectual Property Awareness Programme for Students held at Jaipur Engineering College
Jaipur, 10 February: Intellectual property rights are personal rights and must be protected as they have financial implications said Mr. G D Bansal, Advocate, Rajasthan High Court while addressing the students at Jaipur Engineering College. IPR could be leveraged for financial gains and provides protection on infringement of innovation, brand value and business as a whole, he added. He cited various judgements in this regard wherein affected party got relief and compensation through judicial recourse. He also detailed about Geographical Indication which has been specially provided for in India to protect area specific crafts, cuisines and products and mentioned Sanganeri Print, Bikaneri Bhujia, Kota Doria, etc as examples for this. Mr. Bansal also mentioned that IP offers tremendous job opportunities for engineering students in future as there would be enormous competition and conflicts over intellectual assets rather than physical assets.
Mr Samay Raj Meena, Examiner of Patents & Designs, IP Office, Government of India talked about the Procedure for Registering IP and Enforcement of IP Rights. He elaborately explained from applying for an IP to getting a grant of IP for the benefit of the students & faculties. Earlier Mr Ajay P Singha, Advisor, FICCI Rajasthan State Council and Dr D G Mehto, Director – Academics, Jaipur Engineering College also shared their thoughts on IP in India and its benefits for upcoming generations.
Mr Atul Sharma, Head, FICCI Rajasthan State Council mentioned that FICCI in association with IP Office has organised this session for students with an aim to foster spirit of innovation, ownership and commercialisation in sync with the vision of Start-up India, Stand-up India.