New Delhi, 21 st Sept: As business leaders try to navigate and rebuild economies savaged by the global meltdown, business schools around the world are rethinking leadership and how to train the next generation of managers in the midst of unprecedented challenges. It is not time to tweak what has been done before.

It is a time for reinvention of management education. The reinvention may well be led by India, where explosive growth in demand for management training has opened the door to massive growth and innovation in the business school sector. I heard firsthand many of the newest ideas and opportunities being discussed by the elite of Indian business schools, government officials, and corporate leaders in August in Delhi at a global conference called Rethinking & Rebooting Indian Management Education.

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India and Italy on Monday entered into an agreement to promote bilateral trade and investments.

The agreement was signed between Invest India, a joint venture firm between the government and the Federation of Indian Chambers of Commerce and Industry (FICCI), and the Italian National Agency for Inward Investment Promotion and Enterprise Development.

“I expect signing of this memorandum of understanding (MoU) will lead to more trade and investment between India and Italy,” Commerce and Industry Minister Anand Sharma said while addressing the largest ever Italian business delegation in India here. Mr. Sharma said the two countries had an immense potential to increase the $8-billion two-way trade.

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India around the globe has made his mark about the growing investment scenario, as India is attracting huge amount of foreign direct investment and becoming a global manufacturing hub. Cheap manpower, Special economic zones, various incentives and globalization of the economy has brought hand full of opportunities to India.

India’s manufacturing sector is gaining momentum and has been ranked fourth in terms of textiles, tenth in leather and leather products etc. Government of India, to promote exports and make India a manufacturing hub has taken various initiatives including the development of Special Economic Zones. Major global companies have already invested in India to name a few like Samsung, LG, Suzuki, Skoda Auto, Philips are among the some who have already invested and most of the global giants have already stated the process to enter in India.

India’s Services Sector

The sector is dominating the economy with more than 50% contribution in India’s GDP. In India the sector covers various areas like Hotels and Restaurants, Railways, Communication (Post, Telecom), Banking, Insurance etc. With a large population, the list of service providers in increasing very rapidly, the young population has played a crucial role in the development of the sector and made India a global services hub. Economic reforms initiated by India in the year 1991contributed significantly in increasing exports of services from India.

Focusing on the major contributor in this sector which is the IT/ ITES enabled services offered by India. The phenomenal growth in the industry and huge pool of talented young engineers with proficiency in English made the industry to reach a remarkable position in a short span of time. India right now is offering especially in the services sector the facilities like Business Process Outsourcing, Market Research, Legal Process Outsourcing, Medical Transcription etc.

Indian Agricultural Sector

Agriculture plays a significant role in the development of India, as it is the mean of living for two- third of the employing class in India. It covers about 43 percent of India’s geographical area. There was a time when Indian economy was largely dependent on food import, however, with initiatives like green revolution which led to the rise in production of wheat, rice etc. and setting up of an exclusive ministry of food processing industries has put a spurt in the development of the sector. Although, it cannot be denied also that due to rapid industrialization, and dependency of agricultural sector on monsoon which is affected a lot due to global warming the growth is this sector has not widened as expected.

Government is taking various initiatives to once again bring the momentum back with investing in research facilities and various incentives being offered to the farmers. Also, an increase in the growth rate and irrigation area, improved water management, improving the soil quality are some of the factors which government is seriously working on to improve the conditions.

India’s relations with the World

The second fastest growing economy has various strengths and offer ample amount of opportunities, however, not to forget the relations that India has maintained across the globe. Since from the day of Independence and before that also Indian was very much clear with its foreign policy various leaders and Prime Ministers have played a proactive role in the development of the India’s foreign trade policy.

The policy which is a policy of nonalignment has always helped India to put its candidature at various fronts and received admirable support from various nations in the world. Pragmatic security, economic considerations and various other factors has made India a country to work, travel and live in.

Every Country has different law for patent registration. The law governing Patent registration in India is Patent Act, 1970. Patent registration can be filed either alone or jointly with a partner or by legal representative of a deceased inventor. Several documents are required for further processing. Patent Registration is a specialized process need experts. As Patent registration is a very complicated procedure so it can also be done with the help of good attorney who would able to guide through the entire process of patent registration in India. Patent registration offices established under the ministry of commerce & industry, department of industrial policy & promotion are available to guide the applicant. Patent office looks after the various provisions of patent law relating to grant of patent.

Whether its trademark in Delhi, Bangalore or Mumbai, the important point to be noted regarding trademark registration in India is that Trademark registration confers on the proprietor a kind of monopoly right over the use of the mark which may consist of a word or symbol legitimately required by other traders for bona fide trading or business purposes, certain restrictions are necessary on the class of words or symbols over which such monopoly right may be granted. Therefore while trademark registration one should make it a point that descriptive words, surnames and geographical names are not considered prima facie registrable as per Section 9 of the Trade and Merchandise Marks Act, 1958. To be an effective trademark registration in India one should keep in mind that the registrable trademark should be distinctive and should not be similar to any other trade mark registered for the same or similar goods or used by a competitor whether registered or not because in the case of a similar mark used by a competitor but not registered difficulties for registration will arise if the owner of the mark chooses to oppose the registration.