How to identify genuine liquorYou might be surprised to learn that alcohol is one of the most commonly counterfeited goods given how much fake alcohol is sold each year....
09 Oct, 2022, 05.41 PM IST
Non-alcoholic beverage market likely to hit Rs 1.47 lakh cr by 2030, says ICRIER reportAccording to the report by economic policy think tank ICRIER, "the size of the market was estimated at Rs 671 billion (Rs 67,100 crore) in ...
27 May, 2022, 05.39 PM IST
CeSRAC, NRAI launch consumer campaign on responsible alcohol consumptionThe pilot program would be used across over 100 restaurants in leading metro cities -- New Delhi, Bangalore, Kolkata, and Mumbai, said a st...
10 Jul, 2021, 03.43 PM IST
Spike in counterfeiting of PPE kits, sanitisers during COVID lockdown: ReportThe top five sectors which have been most affected by counterfeiting are -- alcohol, tobacco, FMCG packaged goods, currency and pharmaceuti...
10 Jun, 2021, 10.22 PM IST
Counterfeit products create Rs 1-lakh-cr hole in economy, incidents up 24% in 2019: ReportThe report also said counterfeiters are having a free-run due to the pandemic-driven disruptions to organised supply chains and the resulta...
30 Jul, 2020, 03.00 PM IST
This startup uses Artificial intelligence to crack down on fake productsNeuroTags says RFIDs and holograms are used extensively but can be replicated easily.
09 Dec, 2018, 10.46 AM IST
Cigarette, tobacco smuggling incidents jump 136% in 2yrs: ReportMaximum revenue loss to the exchequer came from illicit trade of tobacco products, mobile phones, alcoholic beverages, it said.
27 Mar, 2018, 01.38 PM IST
Will the real whisky glass please stand up? New handheld device can spot fake alcoholThe devices give highly accurate chemical analysis of objects and contents beneath concealing surfaces.
25 Sep, 2017, 11.01 AM IST
Smuggling, piracy hindering India's manufacturing growth: FicciThe market for contraband, smuggled and counterfeit goods is thriving in India and is today one of the biggest challenges faced by the dome...
22 Aug, 2017, 04.15 PM IST
Ficci urges government to clamp down on rising contraband tradeThe report by Ficci body CASCADE pegged the loss in seven industry sectors at Rs 1,05,381 crore, increasing 44.4 per cent between 2011-12 a...
15 May, 2017, 09.47 PM IST
Online marketplace emerging as a hub for smuggled and counterfeit products: Grant ThorntonE-commerce business might be a hot sector among investors, but the online market place might be emerging as a hub for counterfeiting and sm...
16 Jan, 2016, 06.14 PM IST
Online marketplaces preferred hub for counterfeiting, smuggling: ReportThe report was unveiled on Friday at a FICCI CASCADE International Conference on Illicit trade – Threat to national security & economy.
15 Jan, 2016, 04.59 PM IST
Inadequate enforcement and lack of consumer awareness boosting counterfeiting in India: FICCIInadequate enforcement and lack of consumer awareness is boosting counterfeiting in India, a new report by industry body FICCI says.
15 Jan, 2016, 03.14 PM IST
Counterfeit goods real challenge to 'Make in India': ReportThe counterfeit market is growing at a rate of 44% and has touched Rs 1.05 lakh crore in size in 2014, according to 'Sell SMART' report.
01 Sep, 2015, 10.14 AM IST
Illicit trade up in 2014, Rs 39,239 crore loss to exchequer: FICCI reportAmongst the various sectors, the maximum revenue loss was from counterfeiting and illicit trade is tobacco products 23% and Rs 9,139 crore.
29 Jul, 2015, 09.33 AM IST
Revenue loss from smuggled and counterfeit products is more than Rs 1 lakh crore: FICCIIndia has lost annual tax of more than Rs 26,000 crore in 2012 due to counterfeiting, smuggling and tax evasion.
23 Apr, 2013, 05.34 PM IST
- Government loses Rs 26K crore in taxes to smuggling, counterfeiting: FICCI
Smuggling and counterfeiting is estimated to cost the government a whopping Rs 26,190 crore in tax losses annually, a study conducted by in...
20 Dec, 2012, 09.14 PM IST