Holostik steals limelight at Authentication Forum 2019

Holostik which is one of the pioneers of hologram manufacturing and anti-counterfeiting solutions in India participated at the Authentication Forum 2019- 3rd leadership summit on anti-counterfeiting and brand protection.

The Authentication Forum convenes leaders across industry and government to discuss factors which are contributing to the growth of the worldwide anti-counterfeit market. The forum is an ideal platform to learn about the latest anti-counterfeit trends and challenges through a number of keynotes, case studies and panel discussions while getting a chance to also interact and network with our speakers who are key leaders and industry experts.

Considered as one of the biggest events on anti-counterfeiting and brand protection, the forum took place from 7th to 8th November 2019 at The Lalit New Delhi. The chief guest of the event was Mr. Suresh Prabhakar Prabhu, India’s Sherpa to G7 and G20 and Former Union Minister, Government of India. The two-day event witnessed the participation of experts, industry leaders and people from the media. Some of the agendas discussed at the event were Counterfeiting Landscape in India: Role of Government and Industry in Curbing Counterfeit Menace, Counterfeiting Analysis: What global brands are doing to combat counterfeiting, Consumer Empowerment in The Fight Against Fakes, Worldwide Regulatory Requirements for Traceability and Implementing an End-to-End Anti-Counterfeiting System- Perspectives from different Industries.

Mr. Inder Sharma, General Manager, Sales & Marketing Holostik presented an intriguing presentation on Holostik, its offerings, case studies etc. The event witnessed the participation of a large number of people from different business verticals, authentication industry and representatives of the government bodies. Holostik also showcased its wide range of anti-counterfeiting solutions at its stall at the event. A large number of delegates visited the stall to witness the features and implementation of the anti-counterfeiting solutions.   

Holostik showcases its products at Labelexpo Europe in Belgium

Holostik which is one of the pioneers of hologram manufacturing and anti-counterfeiting solutions in India displayed its wide range of packaging and anti-duplication solutions at Labelexpo Europe, Brussels, Belgium. Considered as one of the biggest events for the packaging industry in Europe, the exhibition took place from 24th September to 27th September 2019, 9:30 AM onwards, at Brussels Expo in Belgium.

Around 600 exhibitors took part in the biggest label and package printing event in the world. Over 200 of the exhibitors were new this year and displayed their latest innovations to an international buyer audience of printers, suppliers, brand owners and designers.

Labelexpo Europe 2019 also presented the largest offering of technologies and live demonstrations seen till date, with an increasing number of product launches for the fast-growing areas of hybrid printing, flexible packaging and automation. The event was visited by important decision-makers and specifiers from the top and middle management of various industries.

Holostik displayed its latest packaging and anti-duplication solutions at the event which included security holograms, security pouches, holographic wads, shrink sleeves, security labels, wide web films and much more.

Holostik aims to secure various kinds of products from the menace of counterfeiting and help companies achieve their targeted growth. Participants at the event witnessed and understood the uses and benefits of different kinds of packaging and anti-duplication solutions.

Jindal Stainless Limited takes action against counterfeit products

In order to curb the counterfeit products of Jindal Stainless Limited (JSL), the company has launched a nationwide co-branding initiative along with the pipes and tubes manufacturers. Jindal Stainless is one of the leading players in the steel market and looks forward to increasing its revenue in the coming years. According to industry experts, the current market size of decorative P&T segment is around INR  5200 crores.

Speaking on the issue of counterfeiting Mr. Abhyuday Jindal, MD, JSL said, “We have launched this mutually beneficial co-branding scheme in response to the needs of our customers. It is estimated that over 25% of pipes and tubes sold annually in India bear the counterfeit branding of Jindal Stainless Limited. We aim to curtail this counterfeiting and capture the growing decorative P&T market in the next 2 years.”

JSL co-branding move will help its MoU partners to make a clear distinction from the products of other P&T manufacturers. For this, JSL has created standardized seals for the products which include logos of the MoU partner & JSL, the grade of stainless steel & MoU number. The genuineness of the product can be checked with the help of the unique MoU number on the company’s website.

The co-branding initiative will offer enhanced visibility and penetration in the market for the company’s partners who were earlier struggling from the effects of counterfeiting. It will also ensure that only the right products reach to the consumers.

The stainless-steel grades used in the decorative P&T segment are 304, JT, J4 and JSLUSD. They offer higher strength, lower lifecycle cost, unmatched aesthetic appeal, low maintenance requirement, along with the advantage of being nearly 100% recyclable. These grades are also corrosion-resistant and ensure durability.

Source: Steelguru.com

Amazon launches transparency service against counterfeit products

In a recent move, the online retail giant Amazon has extended its transparency service in India to clamp down on counterfeit products on its platform. This positive initiative will bring much-needed relief for online consumers who are at the risk of receiving fake products.

Transparency service is a product serialization service that provides a unique barcode for brands to apply to every unit they manufacture. This helps the manufacturers to prevent counterfeits throughout the supply chain. This helps to protect both brands and customers from counterfeiting.

As per the official press release of Amazon, Transparency service is being extended to countries like France, Germany, Italy, Spain, UK, India and Canada. The geographic expansion builds on over 4000 brands that have registered with the Transparency in the US and have generated more than 300 million unique codes.

To execute the process Amazon scans and verifies the unique serialization code to ensure that only genuine units reach the customers. Moreover, it also enables the consumers to use the mobile app to scan the code and verify the genuineness of the purchased items.

The announcement of Transparency service comes after an order of a federal court of Philadelphia which stated that Amazon can be held responsible for defective products sold by its marketplace vendors.

While speaking on Amazon’s new service Dharmesh Mehta, Vice President of Amazon Customer Trust said, “We created Transparency to provide brands with a simple, scalable solution that empowers brands and Amazon to authenticate products within the supply chain, stopping counterfeit before it reaches a customer.”

Source: Zeebusiness.com

Fake currency mastermind caught in Prakasam district, Andhra Pradesh

Recently, Police nabbed a government employee from his residence in Chirala town or Prakasam for allegedly printing and circulating counterfeit notes.

The accused has been identified as David Raju who is a junior assistant at Chirala RTC depot. Recently two vendors were arrested for possessing fake currency with a value of around Rs 3 lakhs. However, cops said that they did not print the cash and were only circulating them.

After further investigation, they revealed that they did not print the cash and were only circulating them. Based on the information provided by the two it was found that Raju was behind the whole racket. Fake currency worth Rs 13 lakh was confiscated from Raju with the equipment used for printing.

Raju was mostly printing notes of Rs 100 or Rs 50 and slipped the notes between the two original notes so as to avoid suspicion. Later he sold fake currency worth Rs 3 lakh for Rs 30,000. As per officials, Raju has been sent to judicial custody.

Source: TOI

Man prints fake currency with the help of YouTube tutorial

Inspired by a YouTube tutorial on printing fake Indian currency, a man named Ravi Sandhu printed fake notes in the denominations of Rs 2000, Rs 500 and Rs 200.

He first started to circulate them in interiors of Punjab, but after an action by the police, he shifted his base to Delhi. He used to circulate fake currency at weekly markets and liquor shops. Police have confiscated his set-up and fake notes, with a total value of Rs 1.38 lakh. Sandhu confessed, that till date, he has printed fake notes with a total value of Rs 10 lakh

He also revealed that the Punjab Police had earlier arrested him in connection with the fake current racket. After coming to Delhi, he had become more careful in his activities and would change his hideout every three months to avoid being caught. DCP Monika Bhardwaj said that an FIR has been registered against Sandhu for printing fake currency and, the case is still ongoing to know if Sandhu had any accomplices.

The accused would download pictures of the notes and then take printouts on normal paper. The notes were cut with precision, crumpled and were kept in damp places to make them look original.

The fake currency racket was busted when police got a tip-off about his activities in a weekly market. A police team comprising of a Sub Inspector and others were formed and traps were laid at different places. Sandhu was caught when he reached a shop with the fake notes.

A senior officer said that they seized 64 fake currency notes in the denomination of Rs 2000, 17 notes of Rs 500 and eight notes of Rs 200. If you analyse carefully you can easily identify the difference in the quality of the note, paper and thread when compared to original currency notes.

Source: TOI

 

Hooch tragedy in Barabanki claims 16 lives

After the ill-fated death of 16 people in Barabanki, UP due to the consumption of spurious liquor the Uttar Pradesh police have arrested three people whereas the UP Government has announced a compensation of Rs 2 lakh each for the deceased. Until now, the police have arrested three people and a salesman who was involved in the sale of spurious country made liquor however, the search of the owner is still underway.

Moreover, the police officials are also conducting raids at different locations to confiscate more stock of similar liquor brands which led to the death of consumers. Meanwhile, the State Government has formed a three-member committee headed by Uttar Pradesh Excise Commissioner to further investigate the matter. The committee has to submit its report within 48 hours to the State Government.

As of now, the district administration has suspended District Excise Officer, Excise Inspector, Ramnagar Circle Officer, and Station House Officer have been suspended with immediate effect. Among the deceased include four members of the same family. Most of the victims belong to Raniganj village in the Ramnagar region of Barabanki district.

Source: First Post

Delhi HC orders apparel firm to stop selling fake Under Armour products

Under Armour, the athletic apparel, footwear, and accessories brand got relief from the Delhi High Court in the counterfeit court case brought against a Ludhiana based apparel firm for production and sale of duplicate Under Armour products.

Recently the Delhi HC ordered a Ludhiana based apparel firm to stop selling counterfeit Under Armour products. Under Armour is a globally renowned brand which manufactures athletic apparels, footwear and accessories. The brand got relief from the order as the offender was asked to maintain status quo on title, possession and construction thereof until further orders.

The Delhi High Court passed judgement against the counterfeit manufacturer Amit Apparels in Ludhiana which was operating a large factory to manufacture fake versions of Under Armour, Jordan and Lacoste. In the month of January, Under Armour had filed a civil suit for injunction and damages of Rs 2 crore before Delhi High court against fake products by Amit Apparels. Earlier an FIR was registered against the said manufacturer in Ludhiana under FIR No.308.

Under Armour Inc. is headquartered in Baltimore, Maryland is a marketer and distributor of branded performance athletic apparel, footwear and accessories.

Source: Economic Times

Health Ministry preparing a draft to counter USTR report

The Indian Health Ministry is preparing a draft to refute US trade representatives (USTR) report that accuses India as one of the main sources of fake medicines across the globe. Arun Singhal, Additional Secretary Health Ministry has dismissed the report and has termed that the Ministry is in the process of preparing a draft to counter USTR report which mentions that India is a global supplier of fake drugs.

The USTR report claims that India and China are the leading hubs for the supply of counterfeit medicines globally. The report states, “While it may not be possible to determine an exact figure, studies have suggested that up to 20% of the drugs sold in the Indian market are counterfeit and could represent a serious threat to patient health and safety.”

Surprisingly, the report is in complete contrast to the government’s own report of 2016 which states that only 3% of the drugs are not of standard quality and 0.0245% are spurious drugs. According to S Eswara Reddy, Drug Controller General of India, “The claim made by USTR tarnishes the image of India which is one of the leading global producers of low-cost generic medicines and hence it’s important to get documentary evidence from them that they used to support their claim.” Leena Menghaney South Asia head of the Access campaign by Médecins Sans Frontières also supports India’s point and says, “MSF supports the health Ministry’s position that the USTR report is a scathing attack on India’s capability of manufacturing large scale affordable generic drugs.”

Source: Live Mint

Hindustan Unilever takes a tough stance against counterfeiting

One of India’s biggest pure-play consumer goods firm Hindustan Unilever has on an average filed two cases of intellectual property rights and trademarks violations -weekly in FY19. This is considered to be the company’s tough stance against fake products that use identical logos or packaging.

With more than 90 such cases during March, HUL’s latest number is about eight times more than the cases in 2018 and twice the preceding two years combined. Most of the cases were filed in the Bombay High Court. The manufacturers of Dove soap and Lipton tea said that a higher number of such cases are a reflection of duplication that has grown over the past few years.

Dev Bajpai, Executive Director, Legal & Corporate Affairs HUL says, “We have shifted our focus on actions resulting in value impact and started directing our efforts more on curtailing counterfeits at manufacturing and filling points than on the retail trade alone. This has resulted in curbing counterfeit trade at the source.”

In March, HUL filed a case against Mahadev Soap in Bombay High court. The company based in Bardoli; Surat was involved in alleged trademark violation. HUL claimed that the company’s washing powder brand ‘Go-Win’ had an identical packaging to its highly popular washing powder brand ‘Wheel’. Similarly, HUL took action against Navi-Mumbai based Glint Cosmetics which was manufacturing brands like ‘Fasaline’ and ‘Fair & Life’ identical to HUL’s famous brands ‘Vaseline’ and ‘Fair & Lovely.’

Source: Economic Times