Who is a small entity according to the Patents Act?

Viewed 1082 Times

The Patents Act defines “Small Entity” as a company/ firm which has:

  • an investment of less than INR 100 million (approximately USD 1.6 million) in plant and machinery when engaged in manufacture of goods; or
  • an investment of less than INR 50 million (approximately USD 0.8 million) in equipment when engaged in providing services.
Was this answer helpful ? Yes / No