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.
Related Posts
Counterfeit cell phone cases, perfumes look real enough to fool
November 27, 2013
As the holiday shopping season kicks off, federal agents are warning consumers...
Hyderabad Gang Busted for Selling Fake Apple Mobile Accessories; ₹1.01 Crore Worth Property Seized
May 26, 2025
Hyderabad: A gang involved in selling counterfeit mobile accessories under the...
Latvia seizes 5 tons of counterfeit coffee destined for EU market
June 2, 2017
More than five tons of counterfeit coffee with fake Nestle and Nescafe labels...
Counterfeit clippings: news from around the world
February 26, 2013
Substandard medicine and fake corn, clothing, poker chips and washing powder...