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Showing posts with the label Foreign Direct Investment in India

Features of Intellectual Property Law in India

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  Intellectual property laws are the laws framed to shield the rights of artists, creators, and owners of any kind of intellectual property. It can include anything from designs, artistic works to inventions. Besides, intellectual property law can be divided into copyright, trademark, and patent laws. These laws were framed to inspire the advent of various goods, ideas, and services. Similar to the law that shields real estate and personal property ownership, Intellectual property law aims to protect intangible assets.    The law aims to offer creators an incentive to develop creative works that are beneficial for society. Besides, the creators can rest assured as they can earn profit through their creation without any risk of misinterpretation by others. Patents equip inventors with a right to utilize the products freely within the marketplace or earn profits by endorsing their right to a third party.    Usually, the validity of patent rights is up to t...

Foreign Direct Investment in India

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  The rapid rise in foreign direct investment in India in the last few years has increased the need for obtaining licenses. The Indian Government has increased the FDI in many sectors to have a record inflow of over 80,000 million dollars in 2020-2021. As a result, it has made the foreign licensor get approval from the Government for chemical, defense, and other sectors. There are different forms of licensing in India, from brand licensing to service licenses essential for foreign companies to sell their products and service. So, please continue reading to know the various licenses in India and the laws that govern them for bringing in more FDI or foreign direct investment in India .   Why licensing in India? With many foreign companies coming into India to tap the huge customer base in India, they can get the license to sell their products and services. License is an agreement by which the licensee leases its rights of intellectual property protected legally to the li...