The New and Renewable Energy sector has gained widespread attention in the recent past. The renewable energy sources are crucial simply for achieving energy security but also for environmental durability. The globalization has lead together with a rapid increase your demand for the energy and there is actually definitely an increased thrust on alteration of the present energy mix. In India, the government has implemented various initiatives for the promotion and reduce the renewable energy sources, such as, solar energy, wind energy, bioenergy, geothermal energy, etc. The aim is to promote the utilization for the renewable energy sources through the policy reforms, public-private partnership and development on the Ultra Mega Power Projects (UMPP). The current share of possible renewable energy regarding energy mix stands close to 15%. The estimated electricity potential from commercially exploitable sources for India is around 900 GW along with a total installed capacity of around 310 GW. Thus, it comes with huge scope used in this sector. The government has implemented various projects in the renewable energy sector with an focus on research and development, technical and financial support, public awareness and public-private sector synergy. The Ministry of New and Electrical power (MNRE) focuses on the deployment of the projects and incentives through participation at a states and various administrative levels. Regulations have been specified at the state level for promoting renewable energy projects in the respective states. There are, however, constraints within the realization from the renewable energy mission SSI Online Registration in India terms of credit risk, technical risk, policy risk and social factors, which may lead to delays as per the anticipated listings. The other important factor is to attract new entrants in this sector by ensuring credible and genuine returns, expansion opportunity and flexible regulatory norms. Usually also crucial to ensure that the benefits are extendable towards community, in relation to its job opportunities, increased standard of living and environmental sustainability.

Green Entrepreneurship

Green Entrepreneurship is actually concerned with the innovative business aimed to address concern of environmental concerns and offering in order to mitigate the associated problems. These businesses leverage the opportunities that exist the actual environmental sector and deploy measures for the sustainable development of the society. The recent upthrust by brand new is enabling diverse opportunities for these entrepreneurs to gauge in the renewable energy sector.

Current Scenario

The renewable energy sector offers wide opportunity in regards to growth and environmental sustainability. There is however a require to consider the evaluation and bench-marking criteria for the businesses in this category. There is also a lack of cost effective technique for the same a Indian scenario. The enterprises are marred by high initial costs and computation methods for the estimation of capacity. This is further exaggerated through lack of domain expertise and limited awareness and motivation among the people. The government, although, has developed policies for supporting the green entrepreneurship and has provided different incentives, but this support is able to be limited in the reach. This will allow limited indulgence of the businesses in the sector.

Opportunities

The acceptance and credibility of corporation is a critical factor for they’re of a green entrepreneurship venture. There is plethora of opportunities in the various domains of the renewable energy segment. These domains include the power technology and installation, bio-fuel generation, bio-fertilizers, consulting services, and others. The government has initiated various programs to support the entrepreneurship in the country, particularly in the renewable sector. Ought to are provided with regards to of incubation centres and mentorship. Lucrative also firms and investors available all of the market, to lend support for saving money business initiatives. The focus is not only on the generation of the renewable energy, but what’s more, it encompasses the storage and distribution in the energy. Thus, an extremely wide variety of options available on the subject of of market and finances.

Trademarks are a key element of any successful business marketing strategy as enable them to identify, promote and license their services or goods in the marketplace and distinguish these from associated with us their competitors, thereby cementing customer loyalty. A trademark symbolizes the promise with the quality product and in the global and increasingly electronic marketplace, a trademark is often the only way for customers to identify a company’s products and services. Trademark protection hinders moves to “free ride” on the goodwill of a company by using similar distinctive signs to market inferior or similar products or services. Loss, dilution or infringement of a high-value trademark could prove devastating to a business.

World Intellectual Property Organisation (WIPO) is a specialised agency of the Us (UN) which oversees the task of international registration of trademarks through Madrid Set-up.

Although it is unrealistic to obtain an ‘international trademark’, whereby a single trademark registration will automatically apply around the world, the Madrid system permits the filing, registration and maintenance of trade mark rights in more than a single jurisdiction on a global basis.

Background-

The Madrid system is administered by the International Bureau of the planet Intellectual Property Organisation in Geneva, Switzerland. The Madrid system comprises two treaties; the Madrid Agreement In connection with the International Registration of Marks, which was concluded in 1891 and entered into force in 1892, and the Protocol Relating to the Madrid Agreement, which came into operation on 1 April 1996. The Madrid Agreement and Madrid Protocol were adopted at diplomatic conferences held in Madrid, Spain.

Recent Developments-

There are many significant recent developments trademarks Law Vis a Vis Madrid system. The accession of United States and European Union to Madrid Protocol on 2nd November 2003 and 1st October 2004 respectively is considered essential as development.

A record 36,471 international trademarks applications were received in 2006 by wipo under Madrid procedure. This represents 8.6% increase on figures for 2005.

No. Of developing countries witnessed significant growth in international trademarks filing in 2006.China is the most popular designation for international protection because of that ever growing economy and trade turns.

WIPO also promotes use of electronic communication for processing of international software program. In April 2006, WIPO introduced a new Online trademark renewal in India international trademarks renewal service enabling users to maintain their trademarks rights quickly and efficiently, about 22% renewals recorded electronically.

A number of latest improvements, including new search facilities, were also introduced to the ROMARIN database containing information regarding all international marks that currently in force in the international trademark register. As from January 1, 2007, the ROMARIN data base appeared available, free-of-charge, round the WIPO web site.

Indian Perspective-

India is also considering and is usually inclined towards granting accession to the Madrid system. India is beginning to realize the various attributes of acceding to the Madrid System, specifically that, the applicant for an International registration is needed file only one application, pay one fee in local currency, and is not required at least initially, to submit foreign powers of lawyers. Renewals, assignment recorders, changes of name and/or address of a major international registration may be affected by filing one document with the International Bureau. Moreover, the payment of any filing fee and preparation of one little application should cause savings in legal service fees.

India has asserted it would join the Madrid System after making due preparations, including modernisation of its trademark offices. Investment and action in this direction should be expedited and Indian providers of services and goods enabled to use the system without further delay. It ought to be noted that the Madrid System doesn’t prevent trademark owners from routing their application through the IP offices of member-countries other than their own. If India does not accede to these devices early, Indian businesses may be expected to put in their international applications off the IP offices of third countries by setting up minimal operations prescribed for this specific purpose.