
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
Major Liquor Smuggling Bust: Two Arrested with 529 Cartons of Illicit Alcohol in Gurgaon
Gurgaon: Police intercepted two trucks at Sohna and Baslambi and seized around...
Hackers plead guilty in fake Xbox One scam
Five people have been charged with stealing code for Microsoft's...
Customs man, 2 others held for gold smuggling
Mumbai: Customs officials at the city's international airport busted a gold...
Smuggled cigarettes causing Rs24b loss
Pakistan is losing billions of rupees in annual excise revenue due to large scale...


