India Ranks Fifth in GenAI Innovations

Tags: INDEX

India ranks fifth in Generative AI (GenAI) innovations, trailing behind China, the US, Republic of Korea, and Japan.

An Overview of the News

  • India has filed 1,350 patents related to Generative AI from 2014 to 2023.

  • The country ranks fifth globally in total number of GenAI patents, following China (38,210), the US (6,276), Republic of Korea (4,155), and Japan (3,409).

  • India has surpassed the UK (714 patents) and Germany (708 patents) in the number of GenAI patents published.

Leading Companies in GenAI Patents:

  • Chinese companies Tencent, Ping An Insurance Group, and Baidu have published the most GenAI patent families in the last decade.

  • No Indian entities are in the top 20 GenAI patent owners.

  • Notable Indian patents include a retail AI assistant solution by RN Chidakashi Technologies (Miko Robotics) and an AI tool for contract lifecycle management by Tata Consultancy Services.

Innovation Growth in India:

  • India has recorded the highest annual growth rate in GenAI patent publications, averaging 56% growth.

  • Despite this rapid growth, India holds only 3% of the total GenAI patents globally.

  • China, with a high base, has a 50% growth rate in GenAI patents.

Global GenAI Patent Trends:

  • A total of 54,358 patent families were published in GenAI between 2014 and 2023.

  • 89% of these patents (48,398) were considered active by the end of 2023.

  • Advances in AI and deep learning, including the introduction of transformer models in 2017 and the advent of popular apps like ChatGPT in 2022, have significantly increased GenAI patent activity.

  • The share of GenAI patent publications among all AI patents rose from 4.2% in 2017 to 6.1% in 2023.

  • Over 25% of all GenAI patents and over 45% of all GenAI scientific papers were published in 2023 alone.

Jurisdictional Insights:

  • WIPO data shows the relative maturity of China's patent regime compared to other countries.

  • Over 40,000 of China's GenAI patents were filed within the country from 2014 to 2023.

  • The US saw over 10,700 patents filed within its own jurisdiction.

  • 98% of India's 1,350 patents were filed within its own jurisdiction.

Important Points

  • India Ranked 72nd in the AI Preparedness Index 2024

  • India Ranked 63rd in the Global Energy Transition Index 2024 

  • India Ranked 3rd in the Global Unicorn Index 2024

  • India Ranked 159th in the World Press Freedom Index 2024

  • India Ranked 129th in the Global Gender Gap Index 2024

  • India Ranked 39th in WEF's Travel and Tourism Development Index 2024

  • India Ranked 126th in the World Happiness Report 2024

Please Rate this article, so that we can improve the quality for you -