Streamlining patent-related procedures

India is racing ahead to make it to the crest of the emerging economies wave and is consequently pulling along various sectors of the economy that contribute to economic development. Infrastructure, finance, science and technology, IP and human resources are some of the most important sectors that contribute to economic development. IP has taken a position of particular significance in India’s economy, especially after India became a signatory to the WTO’s Trade-Related Aspects of IP Rights (TRIPS) Agreement.