L&T E&A Wins National IP Award

L&T Electrical & Automation (E&A) won the prestigious National Intellectual Property (IP) Awards contest – 2015. It was adjudged the ‘Top Organisation for Designs’.

Mrs. Nirmala Sitharaman, Minister of Commerce & Industry, presented the award to Mr. P.K. Bajaj, Executive Vice President – Product SBG, at a function in New Delhi on April 24, 2015.

The National Intellectual Property Awards are given every year since 2009 by the Indian Intellectual Property Office under the Ministry of Commerce & Industry in association with the Confederation of Indian Chamber of Commerce & Industry (CII). The award carries an amount of Rs.1 lakh, a citation and a memento.

The National Intellectual Property Awards recognise and reward outstanding innovators, organisations and companies across different sectors in the country in the field of patents, designs, trademarks and geographical indications.

E&A has built up its IPR portfolio by creating an environment that encourages and motivates employees to create intellectual wealth. In FY 2014-15, the E&A business filed 158 patents (including 6 foreign filings), 14 trademarks, 5 design and 5 copyright applications. For the fifth consecutive year, E&A has filed more than 150 patent applications taking its current tally to 1185 patent filings, 268 design filings, 157 trademark filings and 18 copyright filings. A well laid out IP policy, IPM cell and the IP Lifecycle Management software, ‘IP Manager’ facilitate IPR activities within E&A.

Source : http://www.larsentoubro.com/media/31654/national-ip-award-2015.pdf