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India joins trademark treaty

India today joined the Madrid Protocol which will enable domestic companies and entrepreneurs to obtain cost effective global trademark registration.

business Updated: Apr 09, 2013 00:32 IST

India on Monday joined the Madrid Protocol which will enable domestic companies and entrepreneurs to obtain cost effective global trademark registration.

Commerce and industry minister Anand Sharma, who is in Geneva said: “We recognise that this instrument will provide an opportunity for Indian companies, which are increasing their global footprint, to register trademarks in member countries of the Protocol through a single application, while also allowing foreign companies a similar dispensation.”

Sharma is at the World Intell-ectual Property Organisation (WIPO) headquarters for a high level policy dialogue.