There are many reasons why India has become the centre of the global IT services industry. It has a highly educated workforce, with two million college graduates a year, all of whom speak English. It has excellent international data communications links, and good internet access in the major cities.

Indian farmers were forced to produce cotton plantation so that it can fuel English factories as India was then under British rule. 4. Industrial Revolution brought severe consequences to society. Farmers were forced to grow cash crops in place of food crops, which resulted in awfully deadly famines in India.

It was the provision of exports via satellite which attracted American firms like Texas Instruments (TI) and opened up new gateway for software exports from India. …

Industrial revolution in England affected India’s economy after the East India Company established political power. It asserted a monopoly right to trade. It proceeded to develop a system of management and control that would eliminate competition, control costs, and ensure regular supplies of cotton and silk goods.

The increased competition from British cotton and rising nominal wages reduced the profitability of the cotton industry of India. Thus, the negative supply shock in agricultural production is also an important reason behind the de-industrialisation of cotton industries.

However, the Industrial Revolution came late to India. This was mainly because of India’s complicated political and economic relations with Britain. India dominated the cotton textile market in the 18th century. It took a severe hit when the Industrial Revolution began in England around 1760s.

5 Top Technology Trends 2020 in India

• 5 Top Technology Trends 2020 in India. By 10xDS Team.
• Beginning of the era of hyper-automation.
• Enhanced use of artificial intelligence.
• Natural language processing & conversational AI.
• Autonomous things.
• Innovations in data storage technologies.

Economy

India and China are playing decisive roles in this transformation as emerging advanced technology superstates. China is five to ten years ahead of India in most respects, but India is ahead in a few areas and is closing the gap in others.

Comparative statistics

An analysis of the index shows that the India’s information and communication technology sector is primarily responsible for India’s dip in the ranking—although India is well known for IT outsourcing, its domestic use of ICT lags behind China’s.

China has made rapid advances in areas such as education, infrastructure, high-tech manufacturing, academic publishing, patents, and commercial applications and is now in some areas and by some measures a world leader. China is now increasingly targeting indigenous innovation and aims to reform remaining weaknesses.

Large country ranking

Bill Evanina, former Director of the U.S. National Counterintelligence and Security Center, recently appeared on CBS’ 60 Minutes where he warned that Beijing is attempting to collect and exploit Americans’ health care information, including their DNA.

The practice is common in China. When a company wants to enter the Chinese market, the Chinese government can compel the firm to share its technology with Chinese companies.

According to some reports, Chinese IP theft has cost the United States $225 billion to $600 billion a year.

Its justification for this is largely that China is (1) stealing American jobs and (2) pirating American intellectual property….U.S. Patents Granted in 2018.

China has acceded to the major international conventions on protection of rights to intellectual property. Domestically, protection of intellectual property law has also been established by government legislation, administrative regulations, and decrees in the areas of trademark, copyright, and patent.

The report “identifies foreign trading partners where IP protection and enforcement has deteriorated or remained at inadequate levels and where US persons who rely on IP protection have difficulty with fair and equitable market access.”

Here are some ways to protect your Intellectual Property

1. Keep it under scrutiny.
2. Be aware of your Intellectual Property Rights.
3. Consult an expert.
4. Double check if your idea is unique.
5. Hire an auditor.
6. Keep a record of almost everything related.
7. Protect your IP without delay.

The regulatory authority for patents is the Patent Registrar under the office of the Controller General of Patents, Designs and Trade Marks, which is part of India’s Ministry of Commerce and Industry. Patents are valid for 20 years from the date of filing an application, subject to an annual renewal fee.

India has adequate copyright laws, and in July 2018, India acceded to the WIPO Internet Treaties, namely the WIPO Copyright Treaty (WCT) and WIPO Performances and Phonograms Treaty (WPPT). In 2019, India ratified the Lisbon, Nice and Lacarno Agreements on classification of various types of IP.

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create.