Vadodara, also known as Baroda, is the second-largest city in the Indian state of Gujarat. With Industrial Clusters, Inexpensive Resources/Infrastructures, and proximity to premier educational institutions, Vadodara is becoming an emerging launchpad for startups and entrepreneurs. For the last several years Gujarat is ranked as a leading state in Innovation & Student Startup initiatives in the country as it has a plethora of support systems and government initiatives. Therefore, the scope of setting up a business can turn out to be quite beneficial as well as profitable in Vadodara. When it comes to business, it becomes important to point out the essentiality of trademark registration of your new or existing business.
Intellectual Property Rights are a very important asset class for any business, startup, or enterprise. Developing and protecting intellectual property such as Trademark, Patent, Designs, 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 labels, 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, NGO’s
- Banks, Insurance Company, Financial Institution, Stock Market Intermediaries
- Government Ministries, Departments, and Agencies
- Schools, Colleges, Institutions and Universities