Adding to our Firm’s commitment of spreading IP awareness, Vikrant Rana, Managing Partner of SSRana & Co., participated as a Speaker in the session titled, “Leveraging Intellectual Property Rights for Economic Growth and Business Competitiveness” at the 5th Edition of the MASCRADE Conference organized by FICCI Cascade. FICCI has been focusing on curbing the problem of growing illicit trade in counterfeits, pass offs and smuggled goods, and accordingly has dedicated a forum by establishing CASCADE – Committee Against Smuggling and Counterfeiting Activities Destroying the Economy.
Vikrant’s session focused on underlining the emerging importance of Intellectual Property in the contemporary world as a business tool. He further explained how focusing on Innovation is beneficial for the IP owner in the long run and concluded by talking in detail the position of India in the global IP ecosystem and several efforts that the Indian Government has taken and is taking to foster the growth of IP in recent times.
Among other highlights of the day, the Session was preceded by an inaugural address by Mr. Rajiv Agarwal, Joint Secretary, DIPP, who emphasized on the menace of counterfeiting and piracy in the country and the steps being taken to curb the menace. The Session was moderated by Dr Narendra Sabarwal, Former Deputy Director General of WIPO, who is presently serving as the Convener of the IPR Policy Think Tank established by the Government of India.