Indian industrial and product innovators will be able to apply for global patents from the home country with World Intellectual Property Organisation granting Indian Patent Office the prestigious status of 'International Searching Authority'.
"The Indian Patent Office has been granted the status of International Searching Authority (ISA) and International Examining Authority a prestigious status given to a few countries," an official said.
India has been given the new status by Geneva-based WIPO after the proposal was cleared by the members of the Patent Committee Union Assembly recently.
As an ISA, major functions of the Indian Patent Office will be to approve or establish the title and conduct international searches.
India has modernised its patent offices using state-of-the-art information technology which has helped cut time in granting patents.
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