Which one of the following statements about the protection of trade secrets in India is correct?

As of November 2026 India has no standalone trade-secrets statute; the Protection of Trade Secrets Bill, 2024 proposed by the Law Commission has not been enacted. Protection rests on contract and equitable breach of confidence, needs no registration and lasts as long as the information stays secret. Commercial information can qualify if it is secret, has commercial value because it is secret, and has been subject to reasonable steps to keep it secret (TRIPS, Article 39(2)).