Karnataka and Maharashtra have jointly applied for GI (geographical indication) tag of Kolhapuri chappals that’ll ensure that there aren’t any copies of the native product. Geographical Indication (GI) is a sign used on goods that have a specific geographical origin and possess qualities or a reputation that are due to that place of origin. While not a branding process, they increase the brand value of the product in national and international markets. G L Verma, assistant registrar of trade marks and GI, said the tag ensures the name of the product is not misused by others trying to take advantage of the recognition value that a product from one area might have. GI is governed by the Geographical Indication of Goods (registration and protection act) 1999.
No comments:
Post a Comment