
Over a fifth of FMCG products in India are fake or smuggled
Walk down the public bridge of any local railway station here or any other city for that matter and it is not uncommon to find popular consumer products available dirt cheap. But before you rush to make a purchase, consider it might be a fake.
Despite the war mounted by fast-moving consumer goods (FMCG) companies on counterfeiting, the menace hardly seems to have abated. A recent study by advisory firm KPMG and the Federation of Indian Chambers of Commerce and Industry (Ficci) shows sales of fake consumer goods are growing faster than the overall consumer products market.
Related Posts
Eaton Corporation : Eaton Shares New Year’s Purchasing Tips to Promote Safety, Combat Electrical Counterfeiting
Diversified industrial manufacturer Eaton Corporation announced tips aimed at...
Huge cache of premium liquor seized in village near Ranchi.
Ranchi police on Thursday seized a huge cache of India made foreign liquor...
$3 million worth of fake cigarettes seized in Malaysia
Authorities here have foiled attempts by a syndicate to use Malaysia as a transit...
Dubai Customs recycles 48,000 counterfeit items in Q1 of 2020.
Dubai Customs destroyed 48,000 counterfeit items as part of its efforts to combat...