Kolkata: Engineering Export promotion council of India (EEPC) on Friday urged engineering exporters to adopt intellectual property rights (IPR) to improve margins and profit.
It is also going to set up an IPR cell under the aegis of the upcoming Kolkata Technology Centre.
The cell would facilitate MSMEs in obtaining IPR, provide training and arrange awareness campaigns, EEPC India said in a statement.
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"Adoption of IPR to protect the innovative ideas and strategies is required in a highly competitive global economy, where pressure on businesses to follow IPR is increasing by the day, and more so from the large markets of the developed countries," Chairman Ravi Seghal said.
