Union Minister of Commerce and Industry Piyush Goyal today inaugurated the Artificial Intelligence and Machine Learning for Trade Mark search and IP Sarthi Chat Bot in New Delhi. Addressing the event, Mr. Goyal said that India has the 3rd largest Trademark system in the world and after implementing the newly launched initiatives, will achieve a new rank in the world.

The Minister informed that his ministry has decided to reduce the 80 percent fee of patent registration for Startups, MSMEs, Women Entrepreneurs, Academic Institution and Individuals.