
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
Customs officials at Chennai airport seized US $18,600 from a Dubai-bound passenger
Customs officials at the Chennai International Airport seized US $18,600 from a...
Canon Warns of Fake 600EX-RT Flashes For Sale Online
If you’re planning on buying a Canon 600EX-RT flash online in the near future,...
Two Sri Lankan women caught smuggling gold worth over Rs 30 lakh at Pune airport.
Customs officials on Thursday caught two Sri Lankan women, for allegedly...
Tanzania: Local Firm Wants Action to Curb Imports of Fake Electricity Appliances
The government can tame fake and substandard power and automation appliances by...