Indore is the most populous and the largest city in the Indian state of Madhya Pradesh. It serves as a headquarters for both Indore District and Indore Division. It is also considered an education hub of the state and the first city to have campuses of both the Indian Institute of Technology and the Indian Institute of Management.
Moreover, it has also been selected as one of the 100 Indian cities to be developed as a smart city under the Smart Cities Mission.
Indore is catching up high with the recent development of start-ups and commercialization in India and can be regarded as one of the prospectus tier-II cities. When talking about business and start-ups, one important aspect to keep in mind is trademark registration. It is essential to register the trademark of your new or existing business.
Intellectual Property Rights are an essential asset class for any business, startup, or enterprise. Developing and protecting intellectual property such as Trademark, Patent, Designs, and Geographical Indication (GI) with proper registration can help them to gain a competitive advantage.
It is essential to obtain trademark registration for the business name/trade name under the Trademarks Act 1999. A trademark protects the owner of the mark by ensuring the exclusive right to use it or grants another person/entity the right to use it in exchange for an agreed consideration.
A trademark (also known as a brand name) may be a name, signature, word, letter, numeral, symbol, logo, device, packaging label, tagline, the shape of goods, or any combination thereof to distinguish it from other similar goods or services originating from another seller. It is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise.
Who can file an application for Trademark Registration?
- An Individual Person
- Joint Owners
- Proprietorship Firm
- Partnership Firm
- Limited Liability Partnership
- Indian or Foreign Companies
- Trust, Society, NGOs
- Banks, Insurance companies, Financial institutions, Stock Market Intermediaries
- Government Ministries, Departments, and Agencies
- Schools, Colleges, Institutions, and Universities