Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Making India’s IP Approval System Among Top Five Globally in Speed, Transparency and Efficiency

• Statement by Union Minister of Commerce & Industry Shri Piyush Goyal (9 March 2026) setting a benchmark of placing India's Intellectual Property (IP) approval system among the top five globally in speed, transparency and efficiency.
• Pegged to India's measurable gains: 215% growth in patent filings in a decade and a leap in the Global Innovation Index (GII) from rank 81 (2015) to 38 (latest cited).
• UPSC relevance: intersects Science & Tech (GS-III: IPR), Economy (innovation & startups) and Governance (regulatory reform).