A record 145,300 international patent applications were filed under the Patent Cooperation Treaty (PCT) in 2006, an increase of 6.4 percent over the previous year. Philips topped the list with 2,495. India is not among the top 15 , China is at 8 with patent applications raising from 1018 in year 2002 to 3,910 in year 2006. India on the other hand has seen a steady decline from a high of 764 applications in 2003 to 627 in year 2006.
India on the raise???