Thursday, Dec 18, 2014

India has strong legal framework to protect IP: Boeing tells US trade body

By: Press Trust of India | Washington | Posted: February 16, 2014 3:24 am

Even as a section of the American corporate sector lobbies against India over protection of intellectual property rights, American aircraft major Boeing on Saturday said the country has a strong legal framework to protect such rights.

“In Boeing’s experience, India has a legal framework that is adequate to protect IP with no known cases of IP violation involving Boeing’s activities in the defence and aerospace sector,” the American multinational said in its remarks submitted to US Trade Commission (USITC).

The USITC this week conducted a hearing in connection with its investigation “Trade, Investment, and Industrial Policies in India: Effects on the US Economy”.

The statement from Boeing, which has major investment and research and development centres in India and has received orders worth billions of dollars in the aviation and defence sector, assumes significance in view of the fact that a section of influential American corporate sector has been lobbying with the US Congress and the Administration against India’s intellectual property regime.

“A detailed review of Boeing’s enterprise-wide activities in India, including the export of Boeing products, as well as sourcing activities, indicates an adequate IPR legal framework is in place for Boeing’s aerospace and defense products in India,” the statement said.

“Boeing has had a positive experience with Indian customers, partners, and suppliers on IPR protection. Boeing continues to monitor efforts by India’s Ministry of Defence to indigenise defence production in India to reach strategic self-reliance,” the company said in its four page submission. The statement said that Boeing is the single largest producer of US exports to India in dollar terms.

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