643 products receive GI Tag , securing unique identity: MoS Jitin Prasada
Minister of State for Commerce and Industry Jitin Prasada said that India has granted Geographical Indications (GI) tag to as many as 643 products as on July 24 this year, Parliament was informed on Tuesday.
Once a product gets this tag, any person or company cannot sell a similar item under that name. This tag is valid for a period of 10 years following which it can be renewed.
A GI is primarily an agricultural, natural or manufactured product (handicrafts and industrial goods) originating from a definite geographical territory.
Typically, such a name conveys an assurance of quality and distinctiveness, which is essentially attributable to the place of its origin.
"As on July 24, 2024, the office of Geographical Indications Registry has registered 643 GI applications, of which 605 GI applications are Indian," Prasada said.
In another reply, he said that the Indian Patent Office has granted 1,03,057 patents in 2023-24.