ASSOCHAM – Hosts Thought-Provoking Session on World IP Day
Hyderabad : In commemoration of World IP Day, ASSOCHAM, in collaboration with T-HUB and powered by RESOLUTE4IP, organized a dynamic session to delve into the sustainable progression of intellectual property rights (IPR) and its pivotal role in advancing sustainable development goals within an AI-driven world.
The session, inaugurated by esteemed guests and IPR experts including Mr Rambabu Boorugu Executive Director & CTO, Pranava Group Convenor, IT & Infrastructure Panel, ASSOCHAM Telangana State Development Council, Prof. G.B. Reddy, Senior Professor holding the IPR chair at DPIIT, Osmania University; Mr. Srinivas Mahankali, CEO of T-HUB; Mr Dinesh Babu Macha, State Head – Andhra Pradesh & Telangana, ASSOCHAM and Mr. Subhajit Saha, Head of Legal IPR at Resolute Group of Companies, brought together stakeholders from diverse sectors.
Moderated by Ms. S. Padmaja, CEO of IProPaT Solutions, the event featured insightful discussions led by distinguished speakers including Ms. Sundari Pisupati, Partner at Tempus Law Associates; Mr. Ashok Doppalapudi, Founder & CEO of IP Bank and Director at IPR Tribe; and Mr. Raviteja Kethuri, Co-founder of AITOBI Technologies Private Limited.
The session highlighted the crucial role of IPR in driving transformative advancements alongside AI. Wherein key points of discussion included issues related to technology transfer, legal considerations, and the progressive evolution of human knowledge.
Mr. Macha Dinesh Babu, State Head – AP & Telangana, ASSOCHAM, expressed enthusiasm about the event, stating, “The session served as a platform to explore innovative approaches and collaborations that leverage intellectual property to address global challenges and foster sustainable development.”
ASSOCHAM understands and plays a critical role in promoting a culture of respect for intellectual property rights and fostering innovation. By advocating for effective IP policies, raising awareness, and offering resources to businesses, ASSOCHAM supports its members in navigating the complexities of IP protection. Collaboration between businesses, policymakers, and academia is essential to strengthening IP frameworks, promoting responsible IP practices, and addressing emerging challenges. Together, we can create an environment conducive to innovation, where businesses thrive, and intellectual property rights are valued as drivers of economic development and social progress.
It is estimated that Telangana is home to about 2.6 million MSMEs, out of which 56% are in rural areas and 44% in urban areas.
Hyderabad’s dynamic IP ecosystem underscores its role as a key contributor to India’s innovation landscape. The city’s diverse research institutions, and supportive ecosystem provide fertile ground for intellectual property creation, protection, and commercialization, driving economic development and technological advancement. There is a need to connect MSMEs with the Research and Innovation Ecosystem of Hyderabad. It can make Telangana regional solution providers for industry & government.