Details
- Publication date
- 21 October 2022
- Author
- European Innovation Council and SMEs Executive Agency
- Publication type
- Factsheet
Description
As the agri-food sector is gaining momentum, EU SMEs which provide innovative solutions in this industry have plenty of opportunities for expansion provided that they take into consideration local particularities and define strong IP strategy to protect their innovation. India’s Agri-food sector will certainly provide a lot of opportunities to the EU SMEs in terms of growth and market size. As India is an agricultural economy it requires a need for technological advancement to meet the existing challenges. Nevertheless, these SMEs should be wary of entering such a new market without taking the necessary precautions to protect their intellectual property. By duly safeguarding their IP rights, EU SMEs will be equipped with the necessary measures to prevent any misuse or misappropriation of their innovations, products or processes. This factsheet will now present which types of IP rights are relevant in this sector, and the way in which EU SMEs can use them to secure full protection for their activities in the Indian market.
