Technology import policy in india
Industrial Policy – July 1991
Commitment to development & utilization of indigenous
capabilities
Foreign investment – welcome
o Obtain higher technology
o Increase exports
o Expand the production base
Relationship – dynamic
Foreign investment – industrial development
Indian companies – free to negotiate
Procedure for – Foreign investment – foreign technology
agreements – services of foreign technicians – made easier
Constituents of IPR
IPR – Intellectual property rights
IP includes rights relating to
Types of IP are
1) Patent
Legal protection for an invention
Criteria – must be new & involve invention step
Granted for specific term – generally 20 yrs
If not renewed periodically – becomes a public property
2) Industrial design registration
When industrial designs are registered – called is IP
Features…
Shape Ornamentation
Configuration Composition of lines of colors
Pattern Applied to any article
Granted for specific term – generally 10 yrs
3) Copyright
Artistic creations
Poems – novels – documentary works
Called as – Author’s right
Protection available at east 50 years
4) Trade Mark
Trade mark is a symbol – intended to indicate
Distinctive marks such as – Words – Signs – Combination of
both
Valid for not less than 7 years
Trading with IPR
NDA Non disclosure agreements
MOU Memorandum of unit
TIFAC Technology information forecasting and assessment council
BTG British technology Group
KIPO Korean patent attorneys office
GATT General agreement trade and tariffs
WTO World Trade Organization
TRIPS Trade related intellectual property rights
WIPO World intellectual property organizations
The Paris convention for the protection of industrial property 1883
General agreement trade and tariffs 5th April 1994
World Trade Organization 1st January 1995
Transfer of industrial technology to India some issues
Industries have been looking for in their efforts towards technological
developments are …
o Capital for investment
o Latest technology & continuous access to it
o Avenues for specialized training
o Enhanced export capabilities through new markets
o Prospects of joint – ventures in third countries
Terms & conditions of know – how transfer
The industrial development & regulation act 1950
The Indian companies act 1956
The Indian trade & merchandise act 1961
The Indian income tax act 1958
The monopolies and restrictive trade practices act 1969
The Indian patents and designs act 1970
The foreign exchange regulation act 1973
The industrial policy resolution 1948
The industrial policy resolution - modified 1956
The science policy resolution 1958
Guidelines for foreign investment & collaboration 1969
FERA guidelines 1974
FERA guidelines amplified 1976
Annual guidelines for industries 1973 -74
Industrial Policy – July 1991
Commitment to development & utilization of indigenous
capabilities
Foreign investment – welcome
o Obtain higher technology
o Increase exports
o Expand the production base
Relationship – dynamic
Foreign investment – industrial development
Indian companies – free to negotiate
Procedure for – Foreign investment – foreign technology
agreements – services of foreign technicians – made easier
Constituents of IPR
IPR – Intellectual property rights
IP includes rights relating to
Types of IP are
1) Patent
Legal protection for an invention
Criteria – must be new & involve invention step
Granted for specific term – generally 20 yrs
If not renewed periodically – becomes a public property
2) Industrial design registration
When industrial designs are registered – called is IP
Features…
Shape Ornamentation
Configuration Composition of lines of colors
Pattern Applied to any article
Granted for specific term – generally 10 yrs
3) Copyright
Artistic creations
Poems – novels – documentary works
Called as – Author’s right
Protection available at east 50 years
4) Trade Mark
Trade mark is a symbol – intended to indicate
Distinctive marks such as – Words – Signs – Combination of
both
Valid for not less than 7 years
Trading with IPR
NDA Non disclosure agreements
MOU Memorandum of unit
TIFAC Technology information forecasting and assessment council
BTG British technology Group
KIPO Korean patent attorneys office
GATT General agreement trade and tariffs
WTO World Trade Organization
TRIPS Trade related intellectual property rights
WIPO World intellectual property organizations
The Paris convention for the protection of industrial property 1883
General agreement trade and tariffs 5th April 1994
World Trade Organization 1st January 1995
Transfer of industrial technology to India some issues
Industries have been looking for in their efforts towards technological
developments are …
o Capital for investment
o Latest technology & continuous access to it
o Avenues for specialized training
o Enhanced export capabilities through new markets
o Prospects of joint – ventures in third countries
Terms & conditions of know – how transfer
The industrial development & regulation act 1950
The Indian companies act 1956
The Indian trade & merchandise act 1961
The Indian income tax act 1958
The monopolies and restrictive trade practices act 1969
The Indian patents and designs act 1970
The foreign exchange regulation act 1973
The industrial policy resolution 1948
The industrial policy resolution - modified 1956
The science policy resolution 1958
Guidelines for foreign investment & collaboration 1969
FERA guidelines 1974
FERA guidelines amplified 1976
Annual guidelines for industries 1973 -74
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