Reflecting the ethos of "Atmanirbhar Bharat" (Self-Reliant India), S Jaishankar, the Union Minister, highlighted a notable shift in mindset within the country. He emphasized the emergence of a "New India" capable of developing its own COVID-19 vaccines and even achieving a landmark lunar mission near the south pole of the Moon.
During India's G20 presidency, discussions revolved around addressing structural issues that have plagued the Global South, stemming from decades of globalization. Jaishankar pointed out the imbalance in global dynamics, where the Global South has often been relegated to consumers rather than producers.
Articulating India's response, he underscored the significance of the "Make in India" initiative, which not only caters to domestic demands but also extends support to other nations. This initiative, rooted in facilitating ease of doing business, exemplifies India's commitment to self-reliance.
The event, jointly organized by the World Intellectual Property Organisation (WIPO) and the Delhi High Court, shed light on intellectual property adjudication. Jaishankar highlighted India's efforts in fostering creativity and innovation through national initiatives like Make in India, Digital India, and Start-Up India.
India's ascent in innovation is evident from its rising ranks in the Global Innovation Index, climbing from 81 in 2015 to 40 in 2023. Jaishankar attributed this success to India's resilience and innovation, particularly evident during the COVID-19 crisis.
Acknowledging the pivotal role of intellectual property rights (IPR), Jaishankar emphasized their significance in global trade practices and economic sustenance. India's National Intellectual Property Rights Policy of 2016 charts a comprehensive roadmap for the future of IPR, focusing on awareness, commercialization, modernization, and human capital development.
Recent strides in academia, with leading universities offering specialized courses in intellectual property law, demonstrate a growing interest and commitment to this field. India's engagement with international bodies like WIPO underscores its dedication to global cooperation in intellectual property matters.
Through alignment with international standards and active participation in WIPO-administered treaties, India solidifies its position as a key player in the intellectual property landscape. Recognizing the crucial role of intellectual property in driving innovation, economic growth, and cultural development, India continues to prioritize its advancement in this realm.
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