Virtually 25-30% merchandise offered in India spurious with counterfeiting: Record

NEW DELHI : Virtually 25-30% of all merchandise offered within the nation are spurious with counterfeiting being maximum prevalent in attire and FMCG sectors, adopted through pharmaceutical, automobile, and shopper durables, a joint file through Crisil and the Authentication Answer Suppliers Affiliation (ASPA) mentioned. “Counterfeiting is maximum prevalent in attire (31%), FMCG (28%), and Automotives … Read more