Some people/organisations file patent applications just to tick a box. Others don’t opt for it at all because they think it’s expensive or “only for big inventions”. And then there are those who protect and turn their idea into a company, a market monopoly, or a licensing deal that pays for years. The difference? They understand exactly what a patent can do for them.
Under India’s Patents Act, 1970, Section 48 gives you the right to stop others from making, using, selling, or importing your invention without permission. On paper, that’s a legal clause. In reality, it’s the foundation for market dominance, negotiating power, and a serious edge over competitors.
1. Own the Market for 20 Years
A granted patent in India gives you up to 20 years of exclusivity from the filing date. That’s 20 years of running without someone cloning your work the moment you launch.
Global example: Edison’s electric bulb patent didn’t just protect a device; it gave his company decades of control over an industry.
Indian example: Godrej’s springless lock patent secured their lead in security hardware for years, letting them set the standard while competitors struggled to catch up.
2. Control How Your Product Reaches the World
With a patent, you decide how and where your invention is made, sold, and scaled.
Perfint Healthcare in Chennai patented its image-guided intervention systems. That meant they could choose to manufacture locally, partner with select hospitals abroad, and keep control over how their systems were built. No outside investor or partner could dictate terms without negotiating.
3. Earn Without Manufacturing a Thing
Not every inventor wants to run a factory. Licensing your patent can turn it into a revenue stream without setting up production.
Global example: James Dyson patented his cyclone vacuum tech and licensed strategically before scaling globally.
Indian example: Biocon licensed its patented several enzyme technologies early on, using the income to fund research that led to breakthroughs in biologics, now a core part of its global business.
4. Sell the Patent for a Full Payout
Sometimes the smartest move is to cash out entirely.
Oculus VR patented its headset technology, then sold to Facebook for $2 billion. In India, agritech innovators have done similar deals, patenting irrigation tools and selling the rights to large equipment companies for amounts they could never match by manufacturing locally.
5. Boost Credibility Overnight
Saying “we have patented technology” changes how people view you.
Micromax, before the smartphone boom, used its hardware patents to position itself as a serious competitor to global brands. For researchers and academics, having your name on a patent signals that your work is not only original but also commercially relevant.
6. Attract Serious Investors
Investors see patents as barriers to entry. Without one, anyone can copy you. With one, competitors have to either license from you or spend huge amounts to work around your claims.
Log 9 Materials drew investor attention for its aluminium-air battery patents. Without that IP, they might have remained just another interesting tech story without serious backing.
7. Open Doors to Government Benefits
Patented startups in India can access:
Up to 80% rebate on patent filing fees under Startup India
Fast-track examination of applications
Eligibility for sector-specific grants and subsidies
Sea6 Energy, which holds patents on ocean farming technology, has tapped into Indian and international funding to scale R&D without giving up equity.
8. Protect Your Research and Designs
Patents help researchers secure funding, partnerships, and recognition.
Arunachalam Muruganantham’s patent for his low-cost sanitary pad machine not only protected the design from copycats but also allowed him to scale through rural cooperatives while keeping production local and affordable.
9. Build a Legal Safety Net
Without a patent, your power to negotiate, license, or enforce is minimal. With one, you can:
Negotiate licensing deals from a position of strength
Settle disputes before they escalate
Enforce your rights in court if necessary
Why It All Matters
The Patents Act, Section 48, spells out your rights. Yes, there are limits, Section 107A’s Bolar exception allows some use for regulatory purposes, and public interest can override exclusivity in rare cases (as in Bayer v. Union of India). But those exceptions are narrow.
In practice, patents mean:
More control over your invention
More credibility in the market
More options to earn and grow
Stronger protection from competitors
There are several examples of small inventors becoming market leaders because they filed early and planned strategically. I’ve also seen brilliant ideas disappear because someone hesitated.
If you’ve created something new… a gadget, process, or formulation, the benefits of patenting aren’t abstract. They decide whether you own your future or watch someone else profit from it.
