Protection of Intellectual Property Rights in India: Issues and Way Ahead

Due to the emergence of new technologies, enforcement of IPRs has become a difficult task for the Indian government. Protecting intangible assets in a globalized environment has become increasingly challenging, as many individuals and organizations face the common threat of imitation and exploitation of their IPRs. This article highlights an overview of various challenges related to the protection of intellectual property rights in India. This article is based on a review of literature and a descriptive analysis of secondary data collected from articles published in online research journals and newspapers. Despite all the challenges related to the protection of Intellectual Property Rights in India the Indian market for IPR is poised for significant growth and development, hence those innovators and investors who understand the intricacies of IPRs can reap significant benefits out of it.