NEW DELHI – December 12, 2013 – The Intellectual Property & Science business of Thomson Reuters, the world’s leading source of information for businesses and professionals, recently unveiled the results of its analysis of patent activity for inventions originating in India in a 2013 State of Innovation India report. This information was made publicly available at the recent Innovation Awards 2013 ceremony the company held acknowledging India’s top innovators, Thomson Reuters said in a press release.
Using data from the Thomson Reuters proprietary Derwent World Patents Index, the world’s most trusted, authoritative source of patent information for 50 years, analysts uncovered that the largest sectors of innovation activity by Indian companies are Pharmaceuticals and Transportation. Computing & Control and Communications, which ranked second and third following Pharmaceuticals and before Transportation in total volume, respectively, have a mix of domestic and foreign (non-Indian) patent owners.
The most prevalent area of India innovation overall is in organic Pharmaceuticals. This technology area comprises 54 percent of the entire Indian Pharma sector with 1,065 unique inventions in 2012. Computers was the next most prolific area, representing 82 percent of the Computing & Control technology area with 949 patents/published applications. Pharmaceutical Natural Products & Polymers was the next most active, with 500 inventions, followed by Telephone & Data Transmission Systems, part of Communications, with 462 unique innovations.
“Thomson Reuters is uniquely positioned to provide insight into the state of innovation in India given our deep data resources and analytic expertise,” said Bob Stembridge, senior patent analyst, Thomson Reuters. “This year’s report confirms the powerhouse India has become in the pharmaceutical sector, as more drug manufacturing, especially for generics, occurs here. There were more than 1,000 inventions related to organic pharmaceuticals last year, and we anticipate this pace to continue in the future.”
Top innovator organizations in India include the Council of Scientific & Industrial Research India, which appeared in the top assignee lists for ten of the 12 technology areas; the Indian Defence Research & Development Organization, appearing in six of the 12 areas; and, Bharat Heavy Electricals Ltd and the Indian Institute of Technology, both of which appeared in five sectors. The top areas of innovation in India, by 2012 patent volume, are Pharmaceuticals; Computing & Control; Communications; Transportation; Food & Fermentation; Cosmetics, Disinfectants & Detergents; Instrumentation & Measuring; General Chemicals & Dyestuffs; Metallurgy; Agriculture; Polymers & Plastics; and Conveying, Packaging & Storing.
Access the report, 2013 State of Innovation India, and learn more about Derwent World Patents Index
