Delhi to host Textile Ministry’s prestigious summit “GI & Beyond 2024”

Tags: National News

Delhi to host Textile Ministry’s prestigious summit “GI & Beyond 2024”

Why in news?

• Ministry of Textiles in coordination with Handloom Export Promotion Council (HEPC) is organising one day event "GI and Beyond-2024” on 25th November 2024 at The Oberoi, New Delhi, showcasing the GI handloom and handicraft products across India.

Objectives:

• The objective of the event is brand promotion of GI handloom and Handicraft products among the broad spectrum of the stakeholders including overseas buyers, exporters, MNCs, etc.

Important Points:

• 10 new GI certificates will be handed over to GI applicants during the inaugural function by Hon’ble Minister for Textiles.
• This event will feature a special thematic display showcase GI-tagged handloom and handicraft products, with active participation from GI holders and authorized users highlighting unique artisanal techniques and heritage of India.
• The GI system has played a crucial role in promoting sustainable development in India.

What is Geographical Indication (GI)?

• A geographical indication (GI) isa sign or tag that identifies a product as originating from a specific geographical location or region.
• GIs are a type of intellectual property right (IPR) that areprotected by the Paris Convention for the Protection of Industrial Property.
• GIs are used for a variety of products, including: agricultural products, foodstuffs, handicrafts, industrial products, and spirit drinks. 
• In India, theGeographical Indications of Goods (Registration & Protection) Act, 1999, enacted in 2003, aims to safeguard producers' interests, prevent exploitation of GIs, and boost marketability.
• Darjeeling tea was the first product in India to receive a geographical indication (GI) tag in 2004-05.
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