
Over a fifth of FMCG products in India are fake or smuggled
Walk down the public bridge of any local railway station here or any other city for that matter and it is not uncommon to find popular consumer products available dirt cheap. But before you rush to make a purchase, consider it might be a fake.
Despite the war mounted by fast-moving consumer goods (FMCG) companies on counterfeiting, the menace hardly seems to have abated. A recent study by advisory firm KPMG and the Federation of Indian Chambers of Commerce and Industry (Ficci) shows sales of fake consumer goods are growing faster than the overall consumer products market.
Related Posts
Warning up vs fake, smuggled cigarettes
The rampant rise and open selling of smuggled cigarettes in many parts...
Seven million counterfeit cigarettes seized by police in Limburg
Special units of the federal police seized seven million counterfeit cigarettes...
Illegal circulation of tax-free cigarettes surges in S. Korea
The illegal circulation of tax-free cigarettes on the domestic market has surged...
Mumbai Police Seize 1,000 E-Cigarettes Worth Rs 30 Lakh from Local Shop
Mumbai: In a significant operation, the Mumbai police have seized 1,000...