Federal Bureau of Investigation has referred counterfeiting as a crime of 21st century. World wide, in comparison to counterfeiting bank robberies account for less than $ 100 million per year. With in a decade the flow of counterfeit goods is nearly 100 times what it was 20 years ago.

COUNTERFEITING affects us all:

• Permeates almost all of legitimate businesses & industry. 
• Among the fastest growing global economic crimes — second only to drug trafficking or dealing in illicit firearms. The commercial crime is growing faster than international trade.
• Virtually a parallel market — growing 8-10% yearly - faster than int’l trade.
• Frequently plays a part in laundering of drug money.
• Has developed into a sophisticated network of organized crime & terrorism.
• Often leads to human tragedies. 
  

COUNTERFEITING RESULTS INTO A HUGE LOSS:

Loss to economy:

• Globally FMCG sector looses USD $ 650 million per year due to counterfeiting.
• Indian economy loses USD $ 200 million in FMCG sector due to counterfeiting.
• In the USA a report released by Institute of Policy Innovation (IPI) - US economy loses $ 12.5 million due to global piracy of music.
• India Software industry loses USD $ 1250 million due to software piracy.
• A drop in counterfeiting auto parts will add 210,000 jobs to US Auto industry (US Federal Trade Commissions).
• Russia economy looses $ 1 billion due to non-payment of taxes, excise duty, octroi etc.
• 10% of the personal care products traded worldwide are counterfeit.
• 10% of the major soft drinks sold in India are fakes, 10-30% of cosmetics, toiletries and packaged foods are fake.
• Major international alcohol brands lose $ 300 million per year due to counterfeiting.
• The auto-component industry is roughly worth Rs 41,000 crore (Rs 410 billion), which puts the fake market between Rs 15,170 crore (Rs 151.70 billion) and Rs 19,270 crore (Rs 192.70 billion).

STATISTICS RELATED TO COUNTERFEITING

Counterfeit and Pirated Products Index:
$295.07 Billion

Market Overview

28 Counterfeit Products Listed

Product Average: $10.53 Billion

Counterfeit and Piracy Market Index

Source:   Calculation of available products in the country. Products listed below, with source of figure listed on product page.

Counterfeit and Pirated Product

Counterfeit and Piracy Market  Index:
$527.01 Billion

Market Overview

59 Counterfeit Markets Listed

Average Market: $8.77 Billion

Counterfeit and Pirated Products Index

Source:   Calculation of available products in the country. Products listed below, with source of figure listed on product page.