With continuous reforms in the landscape of the Intellectual Property (IP) system, India is emerging as one of the dominating player in the modern world economics. Recently, the Government of India ushering into the new era, announced the new Trade Marks Rules, 2017 thereby repealing the Trade Marks Rules, 2002 and apart from simplifying and streamlining the trademark registration process it also upgrades the IP system at par with the International Standards. The endeavour has been towards refurbishing the preceding scenario and establishing of a productive IP based system at all statutory, administrative and judicial levels developing India’s image as an IP friendly nation in global scenario.
