ISO 9001:2015 Certified
closex Call Us 11-23320714, 23721504,

 Upcoming Event
to forge a partnership on Technology Commercialization Initiative, FICCI-AMITY and IC2 Institute University

'Telangana must spruce up to combat counterfeiting' 

To combat smuggling and counterfeiting activities that is draining India’s economy, the State machinery needs to be spruced up to make law enforcement effective. This was the take away from the Federation of Indian Chambers of Commerce and Industry (FICCI) CASCADE seminar on Combating counterfeiting and smuggling, held on Tuesday in Hyderabad.

“Consumers need to be educated about counterfeit goods as these days there is a narrow gap in the quality difference in packaging between the original and counterfeit goods making it difficult to differentiate,” said State finance minister Etela Rajender at his inaugural address.

The speakers pointed out that buying counterfeit and smuggled goods has led to loss of jobs in the country and as these sectors operate outside the taxable economy.



Also Read

30% FMCG items fake, counterfeit auto parts cause of 20% accidents: FICCI     

Urgent need to raise awareness on illicit products: FICCI     

Beware! You may be using fake products and not know about it, this study gives shocking details     

Fake products: 80% of consumers believe they use genuine ones, say FICCI     

Counterfeit & smuggling invisible threat to economy, caused over Rs 39,000 crore loss     

'Counterfeit goods account for 5 % of global trade'     

Insist on receipts, consumers advised     

Fags, silk new fad for smugglers     

Government urged to check illicit trade in India     

Urgent need to raise awareness on illicit products: FICCI     


 FICCI - CASCADE Seminar on Combating Counterfeiting and Smuggling: An Imperative to Accelerate Economic Development