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Foreign companies filing patents in India (Updated 2024)

India’s ascent in the Global Innovation Index (WIPO)—from 81st place in 2015 to 40th in 2023—underscores its growing prominence as a global innovation hub. As India continues to attract attention for its technological advancements and favorable business environment, it’s not just domestic companies that are driving this innovation boom.

In 2023, a significant number of foreign companies have sought to establish and protect their intellectual property in India, indicating the country’s critical role in the global innovation landscape. This trend highlights India’s strategic importance and its appeal as a key market for global enterprises.

Join us as we delve into the landscape of foreign patent applications in India for 2023. Discover which global leaders are making their mark on Indian soil and what this means for the future of innovation in India.

Curious about which Indian companies led in patent filings in India in 2024? 

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Insights & Analysis:-

    • Dominance of the United States in Patents: U.S.-based companies like Qualcomm, Google and Microsoft show a strong emphasis on innovation, particularly in semiconductors, software development, and communication technologies.

 

    • South Korea’s Consumer Electronics and Battery Innovations: Companies such as Samsung Electronics and LG Energy Solution underline South Korea’s leadership in consumer electronics and emerging battery manufacturing sectors.

 

    • China’s Rising Presence in ICT and Consumer Electronics: Huawei, Xiaomi and CATL demonstrate China’s growing dominance in ICT, consumer electronics, and clean energy sectors.

 

    • Legacy European Innovators: Companies like Philips, Nokia and Ericsson highlight Europe’s historical contributions to telecommunications and consumer electronics.

 

    • Automotive Sector Diversification: Japan is a key player, with Honda Motor and Suzuki Motor innovating in traditional automotive technologies, while China’s BYD integrates automotive and electronics innovations.

 

    • Focus on Sustainability and Renewable Energy: Emerging companies like Hitachi Energy in Switzerland and CATL in China showcase a shift toward renewable energy solutions and sustainable manufacturing practices.

 

    • Consumer Goods and Electronics Innovation in the UK and the Netherlands: Unilever in consumer goods and Versuni in consumer electronics reflect diversification in product innovation in these regions.

 

    • Recent Entrants Gaining Traction: Companies founded post-2000, such as LG Energy Solution, Rakuten Mobile and CATL, are quickly building competitive patent portfolios in high-growth industries like battery manufacturing and ICT.

 

    • Chemical Manufacturing Leaders in Germany and Saudi Arabia: BASF and SABIC highlight continuous innovation in chemical processes and products.

 

    • Emerging Sectors with Smaller Patent Counts: Companies in sectors like kitchen and bath products (Kohler), social networking applications (ByteDance) and lighting (Signify) point to niche but impactful areas of innovation.

 

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Our comprehensive report provides an in-depth look into the patent portfolio. The report includes a breakdown of the patent portfolio across various technologies, listing the patent along with brief summaries of each patent's technology.