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At nearly 5.4 lakh, India ranks third in trademark filings

India's trademark filings surged by 9.3% in 2024, positioning it third globally with 5.4 lakh applications, closely trailing the US. Fueled by a robust domestic brand sector, India's rapid growth, averaging 10% annually over the past decade, may see it surpass the US in filings by 2026, reflecting strong business confidence and IP awareness.