Patenting activity

Both Economic Times and Mint have come with their analysis of patenting activity in India. Shantanu Nandan Sharma identified increased innovation activity in manufacturing whereas Viswanath Kulkarni saw surge in MNC patenting. Both are true- MNCs are entrusting more and more product development work to their Indian development centers and patenting traditionally associated with Drug & pharma now has a wider base. Nano takes the cake with 40 patents and can be credited for associating `new product' with `patent position' in corporate board rooms.