India has witnessed a surge in innovation, with an average of 247 patents filed per day in 2023, the highest in the last two decades, according to a report by SBI Research and the Indian Patent Office. Patent filings increased by 17% to 90,309 in 2023, and the average patent pendency was reduced by 15 months to 53 months.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eBtbyUl
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