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Basmati Case Study: Ricetec Inc

746 Words3 Pages

CASE STUDY BASMATI CASE NUMBER: 493 In late 1997, an American organization RiceTec Inc, was conceded a patent by the US patent office to call the sweet-smelling rice developed outside India 'Basmati '. RiceTec Inc, had been attempting to enter the worldwide Basmati advertise with brands like "Kasmati" and "Texmati" portrayed as Basmati-sort rice with insignificant achievement. Be that as it may, with the Basmati patent rights, RiceTec will now have the capacity to not just call its sweet-smelling rice Basmati inside the US, additionally mark it Basmati for its fares. This has grave repercussions for India and Pakistan in light of the fact that not exclusively will India miss out on the 45,000 ton US import showcase, which frames 10 percent …show more content…

As per sources from the Indian Newspaper, Economic Times, "Licensing Basmati in the US resembles grabbing endlessly our history and culture. TURMERIC CASE NUMBER: 770 Turmeric is a tropical herb developed in East India, and the powdered item produced using the rhizomes of its blooms has a few well known uses around the world. Turmeric powder, which has a particular profound yellow shading and intense taste, is utilized as a color, a cooking fixing, and a litmus in a substance test, and has restorative uses too. In the mid-1990s, this item turned into the subject of a patent debate with critical consequences for universal exchange law. A U.S. patent on turmeric was awarded to the University of Mississippi Medical Center in 1995, particularly for the "utilization of turmeric in wound healing." This patent additionally …show more content…

While the neem tree has been utilized as a part of India for more than 2000 years for different purposes, for example, pesticides, spermicides and toothbrushes, a US organization has been suing Indian organizations for creating the emulsion since they have a patent on the procedure. The question is over the privileges of organizations to direct innovative work by utilizing licenses against the enthusiasm of the general population who inhabit the wellspring of the asset. The development around the issue of the neem tree and exchange related parts of protected innovation rights (TRIPS) speaks to a test to the developing

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