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Importance of Trademark Registration in India
Posted: Jul 13, 2021
The significance of trademark registration is an essential subject on which every company should concentrate. Protecting your trademark is more important than ever in the digital era. Furthermore, failing to register a trademark might severely harm your firm. Furthermore, you will have no legal rights to safeguard its brand value if it is misappropriated. In this article, we will get to know about the importance of Trademark Registration in India.
Know about TrademarkA trademark is a logo or graphical image used to distinguish one product or service from another. For example, an organization’s name or logo, a brand, or a product.
In other words, It is a vital sign that identifies your business and helps clients distinguish you from your competitors. Moreover, Trademarks are similar to the branding of the company.
However, it may also include numerals, graphics, illustrations, three-dimensional features such as product type and packaging, and non-visible signs such as tones, scents, or color hues.
After getting the Trademark Registration, the businesses can use TM to avail all the benefits it offers.
Importance of Trademark registration in IndiaThere is significant importance of Trademark Registration in India. Let us understand it for some considerable reasons.
Importance of Trademark for Brand RecognitionMany firms in the sector provide a diverse variety of products and services. So, if you're establishing a new business or organization, the first step is to set yourself out from the crowd.
As a result, trademarking a company name or a brand logo separates one's services and goods from those of rivals. In addition, one's intellectual property is protected by the law. In other words, It prohibits competitors from copying or stealing their brand and its value.
Protection While Expansion in Global MarketplaceIn many countries, including India, trademark registration is not required when starting a firm. However, operating in a worldwide marketplace without a trademark is a risky endeavor, since someone in another country might misappropriate your company's logo or another branding.
Therefore, When a corporation acquires a registration before beginning to commence a business in the foreign nation, it secures its position and protects its trademark rights while giving it the time to grow its business.
To know more about Importance of Trademark Registration in India.
About the Author
The author is an associate editor for Gst Registration, ISO Certificaton in India.
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