IP consultancies mushroom in Mohali, Chandigarh

Vijay C Roy

Tribune News Service

Chandigarh, July 30

The inflow of analysis institutes, universities, manufacturing and IT firms in Chandigarh, Punjab and Himachal Pradesh has turn into a cynosure of Intellectual Property (IP) consultancy companies. There are over a dozen companies in private and non-private sector apart from particular person consultants in Chandigarh and Mohali which cater to companies and technical establishments of their innovation, patents, emblems and IP valuation.

Some of the businesses engaged in providing IP-related companies embody TT Consultants, Signicent LLP, GreyB, Logicapt and PatentsKart. The newest to launch operations in Mohali is Noida-based Effectual Services. It plans to rent over 50 folks in speedy future to supply IP answer to Fortune 500 firms, regulation companies, analysis institutes, universities, and enterprise capital and PE companies.

Amit Aggarwal, co-founder and Director, Effectual Services, mentioned “Mohali was a sensible choice for us to serve our clients better. Opening a second office in India was a step in our business growth strategy to cater to the increasing demand.”

According to specialists, low working value and the presence of analysis establishments within the area are the 2 primary components that are attracting IP consultancy companies right here.

“We have a pharma cluster in Baddi, number of research institutes and universities such as National Agri-Food Biotechnology Institute, Mohali, Centre of Innovative and Applied Bio-processing, Institute of Microbial Technology, IIT-Ropar, Chitkara University and Chandigarh University among others. There is an ample scope for IP-related services here,” mentioned Harit Mohan, CEO, Signicent LLP (Mohali).

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