By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: Piyush Goyal defends India’s IP record, slams push for ‘evergreening’ patents – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Piyush Goyal defends India’s IP record, slams push for ‘evergreening’ patents – World News Network
Business

Piyush Goyal defends India’s IP record, slams push for ‘evergreening’ patents – World News Network

worldnewsnetwork
Last updated: June 10, 2025 12:00 am
worldnewsnetwork 2 days ago
Share
SHARE

Bern [Switzerland], 10 June (ANI): Union Commerce and Industry Minister Piyush Goyal defended India’s intellectual property practices during a press conference with Swiss journalists on Tuesday, challenging pharmaceutical companies to provide evidence of patent violations while criticizing the practice of “evergreening” patents that he said deprives people of affordable healthcare.
Goyal met representatives from Swiss pharmaceutical industry.
“I asked them a simple question, show me one instance where we have illegally copied any of your trademarks or any patent or any of your copyright technology,” Goyal told reporters.
“I was shown none, not one. This is a myth which has been propagated for years,” he said.
The minister emphasised India’s commitment to respecting intellectual property rights, contrasting the country’s approach with what he described as the poor track record of some other nations.
“India is very respectful of intellectual property rights. India is very conscious of its responsibilities, and India is a country known to never, ever steal anybody else’s technology,” he said.
Goyal drew a clear distinction between respecting valid patents and opposing what he termed “evergreening” – the practice of making minor modifications to extend patent life beyond the original term. He argued that India’s position on this issue serves broader humanitarian interests.
“The only thing that India does not permit is evergreening of patents,” he explained.
“During the patent life, there is not a single instance of misuse, but after the patent runs out its tenure, there are unfortunately a few companies or players who make very minor modifications and try to get another extended patent life.”
The Commerce Minister argued that such practices harm consumers globally, not just in developing countries.
“This is depriving even the Swiss people of affordable healthcare. When you do such evergreening, other than benefiting a few handful large companies, you are causing a loss to billions of citizens, not only in Switzerland, but across the world,” he added.
Goyal positioned India’s approach as protecting the rights of both innovators and consumers, arguing that companies should be able to recover their research and development investments during the original patent period without indefinitely extending monopolies.
“We in India believe that our people, as they aspire for a better quality of life, as we grow our economy, deserve quality healthcare at affordable prices, as I believe the Swiss people do,” he stated.
Goyal reported positive engagement with Swiss pharmaceutical companies during the discussions. He credited industry representatives with providing constructive suggestions that have been implemented in India.
“I must thank the pharma companies of Switzerland for their deep understanding and support to this agreement,” the minister said. “They gave me a lot of wonderful suggestions, which I have implemented in India. I’ve earned their trust.”
Goyal expressed confidence about expanding partnerships between Indian and international pharmaceutical companies. He emphasized the mutual benefits of collaboration, particularly India’s large domestic market and potential for global expansion.
“I am confident that in the years ahead, the pharma companies of Switzerland or the EFTA countries or other European and American pharmaceutical companies will work with India as partners and enjoy the fruits of this large 1.4 billion market in India,” he said.
The minister highlighted how affordable pricing strategies could benefit international pharmaceutical companies by opening new markets while serving humanitarian goals.
“With affordable products, they’ll be able to capture global markets, not only for better profits, but also as a service to humanity,” the minister said.
Goyal held high-level meetings with Swiss government officials and business leaders to strengthen bilateral trade and investment relationships. The pharmaceutical sector discussions represent a significant component of broader economic cooperation talks between the two countries.
The minister’s robust defence of India’s intellectual property framework appears to have addressed Swiss industry concerns while establishing clear parameters for future collaboration in the pharmaceutical sector. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Private consumption in India slows in Q4 FY25; fiscal deficit met, but revenue collections see soft start to FY26: BoB Report – World News Network

Indian stock markets open flat amid weak global cues, tension between Iran and US – World News Network

Altimetrik Appoints Gurvinder Sahni as Chief Marketing Officer to Accelerate AI Ecosystem Leadership – World News Network

Sennheiser introduces Profile Wireless 1-channel mic and releases 32-bit float firmware update – World News Network

Philips Future Health Index 2025: Delayed care and lost clinical time call for accelerated AI adoption in APAC – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article OMAXE Reimagined Faridabad: World Street Unveils a Visionary Urban Future – World News Network
Next Article Swiss industry leaders express confidence in India’s market size, growing business opportunities – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

Woxsen Among World’s Top 11 in Positive Impact Rating 2025 – World News Network
Business 8 hours ago
Uniting for Impact: “United Against Dengue” Collaboration Launches to Elevate Education, Advocacy and Support across Asia – World News Network
Business 8 hours ago
Indian economy will grow eight fold by 2047: Piyush Goyal – World News Network
Business 8 hours ago
Automation Anywhere Reports Strong Q1 Fiscal Year 2026 Growth and Profitability, Driven by Increased Demand for the Agentic Process Automation System – World News Network
Business 8 hours ago

Sports

“He’s always at you”: Steve Smith praises Rabada’s relentless skill after five-wicket haul in WTC final – World News Network
Sports
“Was blown away to see his energy in last three days”: Morne Morkel on Jasprit Bumrah ahead of England Test series – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Emily Blunt shares update on ‘The Devil Wears Prada’ sequel – World News Network
Entertainment
Reliance and Reverence: India’s gift to global healthcare – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?