15th September 2020
FICCI Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (CASCADE)
Be Vocal for Local and Prevent Illicit Trade
The COVID-19 pandemic calls for greater focus on addressing the growing hazards of counterfeiting and smuggling which are severely impacting the economy and endangering lives of consumers. As businesses suffer, during this crisis, any sale of illicit products will only worsen the socio-economic distress.
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Mr. Anil Rajput
Chairman, FICCI CASCADE
Over the years, Illicit trade has undeniably become one of the greatest risks globally. It has played havoc with the social and economic well-being of nations across the world. Illicit trade undermines investments, creates unequal playing field for the legitimate businesses and for some time now provides the fuel that energizes the terror machine.
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