News:

India and Japan Organize Seminar on Intellectual Property Rights for Indian Industry :

NEW DELHI - The Confideration of Indian Industry (CII) is organizing “Seminar on Intellectual Property Rights for Indian Industry” in association with Japan Institute of Invention & Innovation (JIII) in two locations in India; in New Delhi on November 23, and Sahar, Andheri, Mumbai on November 25, 2005.

In the rapidly changing global business scenario, Indian industry is faced with a number of challenges. The key challenge is how to become competitive in both the global and local market and sustain competitiveness. Intellectual Property Rights (IPRs) is one of the key tools to achieve competitiveness and wealth creation for the Indian industry.

India has recently realized a milestone achievement by passing the Patent (Amendment) Bill, 2005 in March, 2005 for keeping its promise to implement Patent protection in India.

On the other hand, Japan has contributed a lot to India’s socio-economic development. Japan Inc. has landed in India covering a wide spectrum including chemicals, oil refining, electronics, automobiles, industrial machinery and metallurgy and now increasingly the knowledge-based sector. Indian companies in Information Technology (HCL, NIIT, Satyam, Wipro, TCS, Hughes etc.), Auto sector (Maruti, TVS, Hero, Kinetic etc), Drugs & Pharmaceuticals, Food Processing and other sectors have also established their offices / factories in Japan.

A press release by CII stated that with these developments in the Indo-Japan trade relationship, and both India & Japan being signatory to WTO-TRIPS Agreement, it becomes significant to organize Seminar/ Training Program on such an important subject of Intellectual Property Rights.

The key objectives of the Seminar on Intellectual Property Rights would be to:

• focus on the Economic and Commercial value of IPRs in industry
• focus on the various implications of IPRs on specific sectors
• share experiences of IPRs between India and Japan.