In Jammu and Kashmir, Lieutenant Governor, Manoj Sinha yesterday virtually inaugurated Intellectual Property Facilitation Centre (IPFC) at Jammu and Sub-Centre at Srinagar.
Speaking on the occasion, the Lt Governor observed that the initiative is a move forward by the Government to promote awareness and adoption of Intellectual Property Rights amongst entrepreneurs and MSMEs in J&K.
The Lt Governor expressed his gratitude to the PHD Chamber of Commerce & Industry and the Ministry of Micro, Small &
Medium Enterprises for this initiative of promoting and safeguarding Intellectual Property Rights in this Union Territory.
According to 2019-20 report by the Ministry of MSME, the UT has more than 7 lakh industries which provide livelihood to around 10.88 lakh people, and 74,785 entrepreneurs of these are women, which is a good indicator on the national scale, he said. The UT government has recently signed a MoU with Flipkart to help connect local entrepreneurs to the global market.