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India may get Intellectual Property Exchange soon

Megha Jain

Content Head

India will soon have an Intellectual Property (IP) Exchange akin to that in Hong Kong and the UK. IP Exchange is where IP rights of individuals and commercial units in India and foreign countries can be bought and sold across sectors. The Ministry of Science and Tech will develop the IP Exchange via the National Research Development Corporation (NRDC),The process will take around 8-9 months for setting up the exchange.