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15% of India's GDP is from fake goods, Survey finds

15% of India's GDP is from fake goods, Survey finds

Mon, May 15, 2017

In just 7 sectors of India, the illicit trade of fake goods has crossed Rs 1.05 lakh crore, representing a multi-billion-dollar industry globally that continued to grow. FICCI CASCADE reports found that approximately 8-15% of India's GDP was made up of fake goods dealings.

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India on 5th place in fake goods trade; China tops the list

India on 5th place in fake goods trade; China tops the list

Sun, May 01, 2016

Among the countries hit hardest by the global trade in fake foods, the US comes on the top.

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