October 4 2016 marked a new milestone for the IP arena in Singapore and India, as Singapore's Prime Minister Lee Hsien Loong and India's Prime Minister Narendra Modi witnessed the signing of a Memorandum of Understanding (MoU) between the Intellectual Property Office of Singapore (IPOS) and the Department of Industrial Policy & Promotion (DIPP) of India. The signing was one of the highlights of the Singapore leader's October visit to New Delhi. This agreement aims to promote creativity, innovation and technological growth in both countries, while expanding bilateral collaboration activities in IP rights, including patents, trade marks and industrial designs.