New Delhi, April 28 -- Commerce and industry minister Piyush Goyal on Tuesday announced a three-year fee waiver on all intellectual property (IP) registrations related to sports, in a move aimed at boosting innovation and manufacturing in the sector.

The announcement was made at the World Intellectual Property Day celebrations in New Delhi, themed 'IP and Sports: Ready, Set, Innovate!'

Under the special drive, registrations linked to trademarks, copyrights, patents, designs, traditional knowledge, and geographical indications (GI) in sports will be exempt from fees with immediate effect. Goyal also directed that a notification be issued immediately.

The minister said the government would additionally provide facilitation support under ...