Reforms in trademarks policy, practice and enforcement
India is one of the world’s largest economies, in size and potential. The immense purchasing power that India offers has drawn the largest corporations from all sectors to the nation. In sync with this trend have come multi-layered reforms in intellectual property rights in general and trademark rights in particular. What has emerged is a more favourable environment for rights holders than ever before.
Policy changes
When NICE got nicer
As global trade increases, it has become imperative that India acts harmoniously with other countries to afford better protection to trademark owners. One step has been to adopt the ninth edition of the International Classification of Goods and Services, with effect from May 20, 2010. Consequently, classes 42 to 45 have been added to the Trade Mark Rules, 2002. These include:
