India’s Patent Paradox
India emerged as the world’s sixth-largest patent filer in FY26. While commerce minister Piyush Goyal was quick to hail this surge as a reinforcement of the country’s innovation ambitions, a stark disconnect seems to be beneath all these record numbers.
The Patent Chasm: Indians filed a record 1.43 Lakh patent applications in FY26, up 30% YoY. However, the number of patents granted dropped 36% YoY to 21,439. Interestingly, startups, the supposed engine of…

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