Counterfeiting & smuggling to cost govt Rs 1.6 trillion by 2016: Ficci
Counterfeiting and smuggling activities have been increasing at an annual rate of 15% in the country and would cost government Rs 1.6 trillion by 2016, revealed the Federation of Indian Chambers of Commerce and Industry’s (Ficci) anti-counterfeiting committee on Friday.
The revelation was made during a 90-minute programme held by the Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (Cascade) here. The programme was aimed at sensitizing police officers about the impact of counterfeit and smuggled goods.
Related Posts
men jailed for smuggling chewing tobacco into Singapore using Malaysian-registered vehicles.
SINGAPORE: Three men have been jailed for their roles in smuggling more than...
Delhi Police recovers huge quantity of duplicate products, one held
Duplicate products of reputed companies were seized by the Delhi Police and one...
Assam Police seize over 1.5 lakh foreign cigarettes in Guwahati, two arrested
In a major crackdown on the illegal trade of foreign tobacco products, the...
Delhi Police busts illegal arms and fake currency cartel
New Delhi, Jul 25 (PTI): An illegal arms and fake currency smuggling cartel...


