India, March 26 -- The Government of India issued the following news release:

Innovation is the key to India's march towards Viksit Bharat. This was stated by Union Minister of Commerce & Industry, Shri Piyush Goyal at the National Intellectual Property Awards 2024.

The National Intellectual Property (IP) Awards are conferred annually to recognize and reward individuals, institutions, organizations, and enterprises for their outstanding contributions to IP creation and commercialization. These awards play a crucial role in strengthening the IP ecosystem in India and fostering innovation and creativity. The National IP Awards encourage effective IP portfolio management, which significantly impacts innovation across various industry sectors...