The total number of patents on environment technologies in India stood at 8.51 units in 2023. Over the past two years, there was a minor but consistent decrease in patent numbers, with a year-on-year variation of roughly -0.35% from 2022 to 2023. Analyzing the five-year period leading up to 2023, the compound annual growth rate (CAGR) was -0.26%, indicating a gradual decline. Looking forward, the forecast estimates a continued downward trend in patent filings, with an anticipated total of 8.37 units by 2028, corresponding to a forecasted five-year growth rate of -1.3%.
Future trends to watch for include potential policy changes favoring green technology innovation, increased global collaboration, and heightened sustainability targets which could spur a reversal in the declining trend of environment-related patents.
