Counterfeit Luxury Products in India

in Business Risk, Counterfeit Goods

According to anti-counterfeiting lawyers in India, the market for counterfeit luxury goods in the country is increasing by 40 percent each year. The rise in replica handbags, shoes and clothing is greater than the increase for their legitimate items, as market analysts state that the luxury goods industry in India is rising by 20 percent.

Source:  Vijaya Rathore, “Luxury brands like Hermes, Gucci & others to take on faster growing fakes in India,” Economic Times, August 28, 2013.

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