gibreel ferishta
In a bid to ensure better protection for Indian trademarks across the world, the government on Thursday approved modification in the Trade Marks (Amendment) Bill. Talking to media persons after the meeting of Cabinet Committee on Economic Affairs, minister of state in the Prime Minister’s Office, Prithviraj Chavan, said, “The amended Bill will provide better protection to Indian trade marks in designated member countries and afford reciprocal protection to trade marks from member countries abroad.”
It will thus encourage transfer of technology through trademark licensing and franchising and generally promote overall business confidence in Indian intellectual property rights (IPR) system globally, he added. The approval given by the Cabinet for modification of the Trade Marks (Amendment) Bill, 2007, with certain consequential changes was on the basis of recommendations contained in the report of the department-related Parliamentary Standing Committee on Commerce, the minister said. The Bill would be introduced in Parliament, he added.
trademark IP amendment India
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