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Counterfeit incidents increased 24% in 2019: Report

Incidents of counterfeiting in India have steadily risen over the last few years and increased 24 per cent in 2019 as

Counterfeit

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  31 July 2020 8:45 AM GMT

NEW DELHI: Incidents of counterfeiting in India have steadily risen over the last few years and increased 24 per cent in 2019 as compared to 2018, according to a report by Authentication Solution Providers' Association (ASPA).

Titled 'The State of Counterfeiting In India - 2020', the report said that Uttar Pradesh led with the highest number of counterfeiting cases, followed by Bihar and Rajasthan. The three states represent nearly 45 per cent of the total counterfeit incidents reported in India in the last two years.

Madhya Pradesh, West Bengal, Punjab, Jharkhand, Delhi, Gujarat, and Uttarakhand are the other states which require urgent attention to frame anti-counterfeiting policy mechanism, it said.

The top 10 sectors with the highest number of counterfeit cases reported include currency, FMCG, alcohol, pharma, documents, agriculture, infrastructure, automotive, tobacco, lifestyle and apparel. Among these, the FMCG sector is most vulnerable as counterfeit incidents in the sector increased by 63 per cent between 2018 to 2019. (IANS)

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