New Delhi, March 9 -- The Union Finance Minister Nirmala Sitharaman on Saturday during an event of the launch of a Book authored by Justice Prathiba M Singh said that India is increasingly emerging as a hub for intellectual and innovative prowess as patent filing and the number of patents granted have surged to record highs. India's ranking on global innovation indices has also risen sharply in recent years.

Sitharaman also said that the book authored by Justice Pratibha M Singh is an important resource on the wide-ranging aspects of India's fast-paced and ever-evolving IPR regime and the interplay between legal, technological, and economic factors.

"Justice Pratibha M. Singh has had a close view of the developments in India's intellect...