Counterfeit Goods Market Value in India

in Counterfeit Goods

According to the International Chamber of Commerce and the Federation of Indian Chambers of Commerce and Industry, the sales of counterfeits and smuggling of fake goods into India caused sales losses of $11.9 Billion in 2012. This amount represented 21.7 percent of sales losses to companies.

Some of the consumer sectors that are impacted by counterfeits in India are the auto parts, alcohol, computer hardware, foods, mobile phone and tobacco industries.

(Counterfeit Goods Markets by Countries.)

Source: “2014 Special 301 Report,” Office of the United States Trade Representative, April 2014.

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