Private intellectual property rights in India

The intellectual property rights are private rights and the right holder can assign, license, transfer or sell the rights to others depending upon his commercial and other interests. 

During 2004-05 to 2008-09, Council of Scientific and Industrial Research (CSIR) has assigned / licensed 11 patents to United States (US) based companies. The information in respect of Indian Institute of Science, Bangalore and the Indian Institutes of Technology is being compiled. 

This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce & Industry, in a written reply in the Rajya Sabha today. 

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