Sat, Sep 30, 2023
Addressing the 9th edition of FICCI CASCADE's 'MASCRADE 2023', Anurag Thakur said, "Illicit trade, whether conducted through activities like smuggling, counterfeiting, or tax evasion, exacts a considerable socio-economic toll.
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Thu, Oct 12, 2017
It is estimated that the total economic and social costs globally due to counterfeiting and piracy worldwide stood at $737-$898 billion in 2013.
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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