Almost 25-30 per cent of all products sold in the country are spurious with counterfeiting being most prevalent in apparel and FMCG sectors, followed by pharmaceutical, automotive, and consumer durables, a report said on Monday. Apparel tops the list with 31 per cent counterfeit products, while fast moving consumer goods or FMCG (28 per cent), and automotives (25 per cent) are the other major segments where consumers come across counterfeit products, followed by pharmaceuticals (20 per cent), consumer durables (17 per cent), and agrochemicals (16 per cent), a joint report by Crisil and the Authentication Solution Providers Association said.
Counterfeits constitute 25-30 pc of the market: Report
Related Posts
In 3 months, gold worth Rs 55.80 crore smuggled into Karnataka.
November 6, 2019
BENGALURU: Reaffirming the fact that airports in Bengaluru and Mangaluru have...
People are selling fake Jeffree Star Lipsticks and it could be seriously dangerous
August 3, 2016
It might seem like a bargain to shop the pricey celeb beauty lines elsewhere, but...
Puerto Rico authorities seize counterfeit auto parts
May 14, 2016
US Customs and Border Protection (CBP) officers and import specialists seized...
Malaysians nabbed for Smuggling
July 25, 2015
At least three Malaysians were picked up for trying to smuggle drugs, tobacco and...

