Counterfeit goods real challenge to ‘Make in India’: Report

Production of low-quality counterfeit goods has the potential to significantly undermine the ‘Make in India’ programme that seeks to establish the country as a global manufacturing hub, a report has said.The counterfeit market is growing at a rate of 44 per cent per annum and has touched Rs 1.05 lakh crore in size in 2014, according to ‘Sell SMART’ report by industry body FICCI and consultancy firm KPMG.

http://economictimes.indiatimes.com/news/economy/policy/counterfeit-goods-real-challenge-to-make-in-india-report/articleshow/48747471.cms