Brands, inventions, designs, and other works in which an individual or company has exclusive legal rights in India are all examples of intellectual property (IP). As a corporate asset, intellectual property is held by almost every company. The creator of an original and useful creation should be afforded legal protections for his or her efforts. To secure exclusive control over their discoveries, inventors might register them as the intellectual properties via the filing of an intellectual property application. Industrial property refers to the protection of industrial designs, patents, and trademarks, whereas copyright refers to the protection of literary compositions, musical creations, artistic creations, etc. Hence, the exclusive rights granted to the inventor or creator are an integral part of the right to safeguard intellectual property. The term “intellectual property rights” refers not to the creation but to the legal protections afforded to the author. Knowing what intellectual property rights are and how they are safeguarded is essential.