Piyush Goyal launches AI, ML search tool to help clear trade mark applications

Commerce and Industry Minister Piyush Goyal on Wednesday said that AI (artificial intelligence) and ML (machine learning) search tool will help clear tre mark applications at a faster pace and with greater efficiency and accuracy.

Launching tool in New Delhi, minister also said that AI will have to be accepted by all as it would help furr promote ease of doing business in every field.

"It (AI/ML search tool) will help clear tre mark applications much faster, efficiently and accurately," Goyal said ding AI is an existential tool and its faster option would improve outcome of work.

He ded that search tool and IP (intellectual property) chat bot would furr strengn IPR ecosystem of country. chatbot will help process queries faster.

He also informed about expansion of Delhi IP office and hiring of about 600 people.

new tools makes India one of few countries besides US, EU, and rway to have systems. India is third largest tre mark and sixth largest patent filer in world.

Talking about patent applications, minister said that last year over one lakh patents were granted as against 6,000 in 2014-15.