IACC to host seminar on IP Rights in Mumbai

MUMBAI: The Indo-American Chamber of Commerce will be organising a seminar on Intellectual Property Rights (IPR), and its significance to industry.

The event, which will be held on 15 and 16 June 2007 in Mumbai, will have various speakers sharing the dais to discuss the topic. The speakers at the event will be from various sectors of the industry such as films, music, mergers and acquisitions, FMCG, pharmaceutical, legal and judiciary and information technology.

Minister of State for Industries, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry Ashwani Kumar will inaugurate the event. US Consulate General, Mumbai consul general Michael Owen will make the keynote address.

In order to give the event a 360 degree perspective, the IACC has also invited speakers representing celebrity brands. The topics of discussion would range from the protection of movie name titles to the protection of IPR of celebrity photographers. Photographer Atul Kasbekar will share the dais with actor Anil Kapoor amongst others.

The topics that would be covered at the event would also cover the significance of Intellectual Property protection for software developers and how they stand to benefit.

There would be a special panel discussion on the new IPR related tax issues in terms of the taxability of royalties payable to foreign intellectual property owners and the transfer of the pricing issues arising from the foreign IP licenses. Ernst & Young’s Pranav Satya and KPMG’s Hitesh Gajaria would be among the panelists discussing the same.

Aside from the panel discussion, one of the main objectives of the event is to highlight IPR in foreign investment policy, collaborative projects and domestic brand building. Brand guru and Samsika Marketing Consultants CMD Jagdeep Kapoor will share his opinion with advocate and solicitor T.N. Daruwala, along with other industry heads.

The event is expected to help popularize and create an interest in Intellectual Property Rights, which is still at its nascent stage in India.