Patent Pending: Progress Ahead ⚠️
Also in today's edition: Unfaithful Love & F1 to Startup
India falls way behind other countries when it comes to patenting technology and innovation. The trend, however, is changing, with the Indian IT company, TCS, bearing the flag of the change. Going beyond a service provider’s mindset, TCS is registering its presence in innovation.
According to CEO and MD Rajesh Gopinathan, the company is now running on one patent a day on a calendar basis. So far, the company has applied for 7,134 patents, of which 2,694 were granted. In the last year alone, the patent filings have increased to 738 (Q3 2021) from 227 (Q3 2022), and patents granted have increased by 493 patents compared to the previous Q3.
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