While India has laws covering almost all types of intellectual property rights, numerous enforcement, regulatory and administrative challenges hamper the commercialisation of IPRs in India. Elaborate.

Intellectual Property Rights IPR are defined as intangible rights on invention & other designs to reward hard work of owners. WIPO Era Indian Laws on IPR: as per TRIPS Agreement (1) Patent Act, 1970: Covers patent as industrial design of mente stepped commercial application (2) Copyright Act, 1957: Doeth copyright to author. Eg Author, film producer (3) Trademark Act, 1999: Applicable to trademarks Eg Nike 'Just do it' (4) GI Act, 2000: Protected Geographical Indicator Eg Darjeeling Tea, Kashmir Pashmina (5) Design Act, 2000: Protects aesthetical pleair 2D/designs (6) Integrated Circuits Act: to protect circuits & tier operation (7) Plant Varieties Act: Protected plant varieties & fame right

Hampered Commercialisation I. Enforcement (1) High delays Eg US takes 1-2 be to grant patent (2) Poor civil enforcement for implement of IPR Eg suit for injunction in closed civil courts (3) Poor awareness of IPR laws creating widespread infringement Eg YouTube videos II. Regulatory (1) Poor skills: of manpower in Indian IPR offices (2) Inadequate offices in all parts of India to enforce IPR. Eg GSI Delhi only strictly enforce all IPR Industries Commercial exploitation (National Hub on IPR, Deterrence through swift punishment Collaborative with other state, IPR can transform India into a knowledge economy & build New Developed India by Vijayan

III. Administrative Challenges (1) Poor Manpower Strength: due to high vacancies (2) Inadequate offices in all parts of India to enforce IPR. Eg GSI Delhi only strictly enforce all IPR Industries Commercial exploitation (National Hub on IPR, Deterrence through swift punishment Collaborative with other state, IPR can transform India into a knowledge economy & build New Developed India by Vijayan