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Parami News > Blog > Most Recent Stories > It’s time to leverage intellectual property rights to drive innovation and competitiveness in Viksit Bharat: Seed Industry | Parami News
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It’s time to leverage intellectual property rights to drive innovation and competitiveness in Viksit Bharat: Seed Industry | Parami News

Atulya Shivam Pandey
Last updated: May 4, 2024 11:34 pm
Atulya Shivam Pandey
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5 Min Read
It’s time to leverage intellectual property rights to drive innovation and competitiveness in Viksit Bharat: Seed Industry

 | Parami News
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New Delhi: Strong intellectual property As India strives to achieve ‘Vikshit BharatIndustry experts attending a national conference titled ‘Innovate, protect, prosper: The role of intellectual property protection in taking the Indian seed industry to the next level’ said the ‘label’ will be reached by 2047.
This meeting is hosted by the Federation Seed industry India (FSII) discusses opportunities and challenges for effective use of intellectual property to drive economic development Innovation and Competitiveness in the country’s seed and biotechnology sectors.
Experts stress the need for a robust intellectual property rights environment and effective enforcement to sustain the remarkable transformation achieved in the agricultural sector.
Some of the key challenges identified by experts include: strengthening intellectual property rights protection and enforcement mechanisms, facilitating technology transfer and licensing agreements, navigating complex regulatory frameworks, and building stakeholder capacity and awareness.
Dr. Raj S Paroda, Founder Chairman, Trust for Advancement of Agricultural Sciences (TAAS) said, “Creating an enabling environment for intellectual property rights protection is critical to accelerating new innovations and technologies required for rapid growth in agriculture. When innovators have the confidence to protect their When empowered, they are inspired to do better and proactively invest and innovate.
Dr. Trilochan Mohapatra, Chairman, Plant Variety Protection and Farmers’ Rights Regulatory Authority (PPVFRA), Ministry of Agriculture and Farmers Welfare, Government of India, highlighted international best practices in intellectual property rights in seeds and agricultural biotechnology.
“India has adopted a progressive approach to PVP, learning from global best practices in intellectual property rights in seeds and agricultural biotechnology, while recognizing the rights of farmers as custodians of traditional varieties and the need for benefit-sharing. A successful intellectual property system Achieving a balance between promoting innovation and ensuring access to technology,” he said, stressing the importance of intellectual property learning for the Indian seed industry.
Ajai Rana, Chairman of FSII and Managing Director and CEO of Savannah Seeds, said: “A multi-faceted collaborative approach is needed to establish an effective policy and regulatory framework around intellectual property rights, particularly in the seed industry. This involves legal reforms, capacity building, Stakeholder engagement and international collaboration to foster innovation and find solutions to our most pressing problems.
“FSII is committed to contributing to the growth and sustainability of India’s agricultural innovation ecosystem by creating awareness on intellectual property rights, promoting collaboration, showcasing innovation and empowering stakeholders,” he said.

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