Heera Panna, Tank Road, Sadar Patrappa in US’ annual notorious market list

Three Indian markets across New Delhi, Mumbai, Bengaluru, and three online markets - IndiaMart, Vegamovies, and WHMCS Smarters - have figured in the US’ annual notorious market list that highlights markets that ‘reportedly engage in or facilitate substantial trademark counterfeiting or copyright piracy’.

The USTR Tuesday released the 2023 Review of Notorious Markets for Counterfeiting and Piracy (the Notorious Markets List) which identified 39 online and 33 physical markets.

The three Indian markets include Heera Panna in Mumbai, Tank Road in Karol Bagh in New Delhi, and Sadar Patrappa Road Market in Bengaluru.


As per the report, Heera Panna market reportedly offers counterfeit watches, footwear, accessories, and cosmetics that may have health and safety risks while
other markets such as in Karol Bagh, Gaffar, and Ajmal Khan Road, supply wholesale counterfeit goods to be resold through the region, and small-scale manufacturing occurs in the area as well.

“Right holders note that support from local police has been inconsistent and their efforts have been insufficient to significantly reduce sales of counterfeits in the market,” the USTR said.

The USTR said that China continues to be the number one source of counterfeit products in the world. Counterfeit and pirated goods from China, together with transshipped goods from China to Hong
Kong, China, accounted for 60% of the value (measured by manufacturer’s suggested retail price) of counterfeit and pirated goods seized by US Customs and Border Protection (CBP) in 2022.

“With the end of Covid-19 restrictions, physical markets have experienced increased foot traffic and the return of counterfeit sales,” it said for China.