We as professionals envisage protecting, preventing & preserving IPR of our clients. Our forte being in Copyrights & Trademark, we always stand at the behest of truthfulness and genuineness. Counterfeiting and piracy is a global problem of enormous scale, impacting virtually every industry sector around the world. 

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India is no exception, suffering significant economic and health and safety consequences, as a result of widespread counterfeiting, piracy and smuggling in the country. Small businesses, knowingly or unknowingly buy counterfeit technology or equipment, and suffer unanticipated costs in breakage, business downtime, and unenforceable warranties. Of even greater concern, individual consumers risk health and safety as they are duped into buying faulty automobile parts or unsafe medicines. In India, the Government has initiated steps to address counterfeiting, piracy and smuggling. 

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Two major efforts stand out :

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First, the legal framework is fairly well developed in India. Second, the government has taken steps to protect consumers’ health and safety from dangerous counterfeits through significant education efforts. Despite these actions, a study by FICCI shows that counterfeit, piracy and smuggling rates remain high. 

For example, across seven industrial sectors reviewed in the FICCI report, unauthorized or counterfeit/smuggled goods sales caused average sales losses to rights holders of 21.7%.