Riyadh Design Law treaty
November 2024
The treaty adopted by WIPO (World Intellectual Property Organization) members, aims to streamline global industrial design protection, fostering innovation and inclusivity.
This treaty was signed after 2 decades of negotiations.
India signed the treaty.
When combined with the initiatives like the Startup India program and Startups Intellectual Proprety Protection (SIPP) schemes, these provisions will help empower startups and SMEs to secure design rights globally, boosting their competitiveness and suppporting market growth.
Over the past decade, design registrations in India hvae tripled with domestic filings increasing by 120% in the last 2 years alone. Design applications grew by 25% last year.
