
Countering counterfeiting
THIRUVANANTHAPURAM: In a bid to generate awareness about the growing menace of counterfeiting and smuggling, the Federation of Indian Chambers of Commerce and Industry (FICCI) is organising a workshop on ‘Combating smuggling, counterfeiting and piracy – an imperative to accelerate economic development’ on February 21 at 10 am at Hotel Vivanta by Taj.
Agriculture Minister V S Sunil Kumar will inaugurate the programme. ‘’Counterfeiting and smuggling activities are highly pervasive across countries and sectors, representing a multi-billion-dollar industry globally that continues to grow and impact commerce and industry, government, economies and the society at large. According to recent estimates, by the year 2022, the value of counterfeit and pirated goods will be around $2.81 trillion. Hence, it is increasingly imperative to deliberate on this subject and find ways and means to mitigate this challenge,’’ FICCI said in a statement.
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