Modi’s aim to turn the country into a global manufacturing hub is the result of best forecasting and analytics, which have done by the economists best of breeds for sooner responses and long term visionary.
Made in China products are all made by Chinese factories which do contract manufacturing for foreign manufacturers. This means that Chinese companies make money in the process. Foxconn, a Chinese company makes profits on every iPhone and Samsung phone they make. This is happening in China because of their expertise in precision manufacturing and strong R&D capabilities.
China has been pouring money in the research and R&Ds and motivates youth for researches rather than a good job after graduation. When 13% students go into researches in China, below 2% students from India decide to go for researches. In a mandarin initiative, “one lac Students of USA in China”, to send 1 lac Americans to study in China by 2014 has been achieved by USA department of State’s matters.
Globally, India ranks 7th, China tops list of most patent applications. As claimed by the World Intellectual Property Indicators report of 2012, while dragon contribution to the rise in patent applications intercontinentally has swelled from 37.2 % between 1995-09 to 72.1 per cent between 2009-11, India’s benefaction diminished from 3.5 % between 1995-09 to 2.7 % between 2009-2011. The report shows that while China pinnacled the universal list by submitting 503582 patent applications, India was graded seventh with 42291 supplications, Rakesh Kumar added, He is the and head of Mumbai office and working as a deputy controller of patents and designs.
Now for Made in India, we must require a spinal bone of our intellectual properties and innovation. To attract the global manufacturing for Made in India, we should become an innovation hub. And in order to become an innovation hub, Make in India program has brought good changes in intellectual property rights.
Make in India aims to establish a vibrant IP (Intellectual Property) regime in the Nation. Efficient undertaking of IP requisition by inducting additional manpower, augment IT provisions and automation in Intellectual Property Premises. Now Govt. of India provides highest levels of transparency and user-friendliness.
State of the art, non-discriminatory and IT- enabled office workplace have been created during the last few years in all four major cities of India including Ahmedabad. The Patent Offices in India is headquartered at Kolkata with branches at Mumbai, Chennai and New Delhi. Mumbai is headquartering of The Trade Mark Registry of India and has subdivisions in Ahmedabad, Chennai and New Delhi. The Design Office is also revealed in Kolkata and the GI Registry is at Chennai. Separate facilities house the ISA/IPEA situated in New Delhi and inclusionary, an Intellectual Property Office Archives is at Ahmedabad.
IPR will become the backbone of Made in India, which will be strengthening with Make in India program. Without IPR, Made in India is a night mare.