Fake HP products worth 80 crores seized across India

The international information technology giant has recently seized products worth Rs 80 crores in India. The seizures have been a part of the company’s Anti-Counterfeiting and Fraud (ACF) Programme.

The program helps in preventing the production, distribution, and sale of fake ink ad toner printing supplies.

Among the country-wide seizures Delhi NCR ranked first with the total seizures valuing Rs 33.5 crores, Bangalore was second with seizures worth Rs 22 crores, followed by Mumbai and Chennai.

HP revealed that the law enforcement agencies conducted raids at over 170 premises resulting in 144 arrests across India.

The confiscated products included unfinished cartridges, packaging materials and various sets of labels. The fake items were used in manufacturing fake HP printing supplies.

The company further said that the large and medium-sized HP customers can request a customer delivery inspection if they feel that they have received counterfeits. HP as of now protects its partners and customers from counterfeit products through its channel partner protection audits (CPPA).

Source: ThemobileIndian.com

Anti-counterfeiting solutions for pharma

Adulteration and fraudulent manufacture of medicines have been prevalent for quite some time now; the situation has only aggravated owing to technological developments and sophisticated methods of duplication.

To add to the problem, current regulations in developing countries do not account for illicit manufacture, trade, and consumption of counterfeit medicine.

Global trade has made this an international problem. Here are some facts which highlight the problem.

  • Fake drugs kill more than 250,000 children a year. (Source: The American Journal of Tropical Medicine and Hygiene)
  • In developed nations such as the US and Canada, about 1 percent of drugs sold are counterfeit. (Source: WHO IMPACT!)
  • Around 20% of all drugs sold in the Indian market are counterfeit. (Source: US Trade Representative Office Annual Report)
  • Fake drugs cost local economies between US$10bn and US$200bn a year. (Source: The Guardian)
  • Many fakes originate in China and India and have been found to contain everything from lead paint, printer cartridge ink, talc, brick dust, ground up drywall, and arsenic. (Source: Pfizer Spot the Fake Media Sheet)
  • Lifestyle drugs, such as Viagra, dominate the market for counterfeit medicines.

Illegitimate drugs are detrimental to the health of consumers often leading to liver & kidney failure and, ultimately, death. Additionally, counterfeit drugs can wreak havoc on a company’s profits causing them to suffer from irreparable damage to their brand reputation.

Anti-counterfeiting solutions can play an important role in the prevention of counterfeiting of drugs, preventing losses to a company’s revenue and reputation. Most importantly anti-counterfeiting solutions help in saving the lives of innocent consumers who unwittingly fall into the trap of buying fake drugs.

Holostik provides the best anti-counterfeiting solutions as per the requirements of the pharma industry.

Our solutions for the pharma sector include:

To find the ideal anti-counterfeiting solution for your pharma business, click here. To learn more about our products & solutions, call us on 785 785 7000 or drop us an email at connect@ec2-18-235-255-221.compute-1.amazonaws.com.

Fake mobile phone industry booming in India

Counterfeit mobile phone industry is on a rise in India. The curved finish, apps, sensors and the camera make it difficult for the consumer to determine the genuineness of the mobile phone. One should be cautious if the such mobile phones are being offered at a fraction of the price.

Recently, India Today TV’s special investigation team has found a market of counterfeit mobile phones. Large number of such fake mobile phones are now manufactured in Delhi.

At Nehru Place, Delhi’s famous market for electronic goods, computer hardware and software, technicians assemble iPhones from smuggled parts and sell them at cheap prices.

After further investigation it was revealed that a technician at a Laptop store in Nehru Place promised to deliver 50 pieces of iPhone’s 6s model for Rs 11,000 a device which is one-third of the original cost. He also gave the investigating team a demonstration of his counterfeiting skills as he opened the handset having the Apple logo. He revealed how smuggled goods are used to make fake handsets.

Another technician said that he can make 30-40 iPhone handsets in a day.

One technician revealed that he can make 30-40 iPhone handsets a day. Many mobile phone stores have become mini-factories of fake iPhones with three people fabricating dozens of pirated devices manually — and without any state-of-the-art equipment.

According to the Authentication Solution Providers’ Association, counterfeit products in the country cause Rs 1 lakh crore of annual losses across various sectors. Trade in pirated goods has risen steadily in the last few years, with volumes in fake products now standing at 3.3 percent of the total global business, the ASPA says.

As early as 2015, Nehru Place was on the United States Trade Representative’s list of notorious markets. But India Today TV’s SIT found some tech impostors at Nehru Place have now graduated from being sellers to manufacturers of counterfeits.

Source: Indiatoday.in

The use of integrated anti-counterfeiting technology against fake products

The value of global counterfeiting has reached to trillions of dollars. Not just developed nations but also the developing countries are facing the problem of fake products. Counterfeiting leaves a negative impact on the government exchequer, company’s profits and the consumers. In the past few years, government authorities and companies are taking stringent measures against counterfeiting.

E-commerce giants like Amazon and Alibaba have initiated anti-counterfeiting measures to deter counterfeiters from selling fake products on their platforms. Governments across the world have also implemented strict laws to deal with counterfeiters and their chain of networks. We regularly come across news from different parts of the world about the seizure of counterfeit or fake products by authorities.

The growth of counterfeiting has drastically changed the use and implementation of different anti-counterfeiting technologies. As forgers and counterfeiters use more sophisticated technology to copy the product and its packaging, it has become imperative to use new measures against them.

The integration of different anti-counterfeiting technologies is gaining immense popularity amongst manufacturers and other stakeholders of the supply chain. The fusion of holography along with digital authentication has made products highly secure against the threat of duplication. Holostik is a renowned name in the field of anti-counterfeiting technologies.

We believe in constant R&D and innovation to stay ahead of counterfeiters. Our smart security holograms and security labels are the perfect examples of integrated anti-counterfeiting solutions. In these anti-counterfeiting products, we have collated the efficacy of OVD with the prowess of QR/bar code.

Acting as a double-edged sword against counterfeiting our integrated solutions provides a two-level of authentication, making it highly impossible to replicate our features. Today, we are providing a wide range of anti-counterfeiting products and solutions to more than 10,000 clients in 75+ countries. If you want your products to remain safe from the problem of counterfeiting then call us on +91–785-785-7000 or mail us at connect@ec2-18-235-255-221.compute-1.amazonaws.com.

What are the reasons behind the growth of counterfeiting in India?

In the past few decades, there has been an enormous growth in the field of innovation and technology in India. This is further supplemented by the rising impact of globalization and an increase in spending power of the average consumer. However, the scenario has brought along many problems.

Among the many problems, the menace of counterfeiting is growing on a humungous scale. The current value fake products in India has reached more than 1 lakh crore annually.

Counterfeiting also referred as piracy in common trade parlance mean the unlawful acquisition by a person of the property of another person without his consent. Counterfeiting includes forgery of currency, documents, software, pharmaceuticals, jeans, watches, electronics and company logos and brands.

So, what are the reasons behind the growth of counterfeiting in India, let’s discuss:

  • Lack of knowledge about fake products: In India, one can find fake products anywhere. From street shops to malls, e-commerce to retail outlets, counterfeit products can be found anywhere. Consumers in India have little or no awareness related to product authentication, so they are duped with fake items umpteen times.
  • Lack of use of anti-counterfeiting solutions: Despite heavy losses many companies don’t take the problem of counterfeiting seriously and remain susceptible to the losses due to fake products. Anti-counterfeiting solutions like security holograms, security labels, holographic shrink sleeves, holographic strips can secure products from the problem of counterfeiting.
  • Poor intellectual property laws and regulations: India still suffers from weak laws related to counterfeiting. In absence of stringent laws, forgers find it easy to sell of their fake products in the market.

Established in the year 1991, Holostik India Ltd. is a leading manufacturer of customized anti-duplication solutions with the aim of securing products and industries. The company offers security holograms, security labels, revenue stamps, hot stamping foils, wads, shrink sleeves etc. along with digital product authentication, supply chain management, track & trace, reward management and much more. Holostik has 5 state-of-art manufacturing facilities with most advanced industry certifications. In 28 years of its legacy, Holostik has catered to 10,000+ clients from different industries and has worldwide outreach in 75+ countries.

 

 

 

Counterfeit Peppa Pig items seized by Economic Offence Wing in Mumbai

In order to fight fake products and stop the illegal use of its Intellectual Property (IP), Viacom18 Media Pvt. Ltd. Joined hands with the Economic Offence Wing of Mumbai Police to conduct raids on businesses dealing counterfeit products of its brand Peppa Pig. A big number of counterfeit products were seized during the raids.

Anil Lale, General counsel, Viacom18 said that the Govt. of Indian has seriously taken up the issue of piracy and illegitimate use of IP over the past few years. We are proud to work with public agencies like the Department of Industrial Policy& Promotion, Maharashtra Cyber Crime Cell and Mumbai Police’s EOW in the fight against counterfeiting.

He also said that it is important to admit that the sale and purchase of fake products are serious offences as piracy and diminishes the brand’s royalty. As rightful IP rights owners, we feel it is our duty to the customers that they may not receive fake products.

Tim Pfeiffer, SVP Business Affairs, Family & Brands, Entertainment One said that eOne believes in taking vibrant brands from screens to stores and it is very encouraging to see our international partners and authorities undertake efforts that ensure only real products reach our young audience. Counterfeit merchandise is not only against the licensor’s interest but also has a colossal impact on the safety and health of the user due to the absence of quality standards.”

The Economic Offenses Wing has been fighting against counterfeit products. In the last few years, they have been able to dismantle businesses which deal in the trade of counterfeit products.

Source: Exchange4media.com

The rise of counterfeiting in the footwear industry

According to a report by OECD (Organisation for Economic Co-operation and Development) and EU’s (European Union’s) Intellectual Property Office states that the footwear industry is the most affected by the problem of counterfeiting. Some of the famous brands affected by counterfeiting or duplication are Nike. Adidas, Sketchers, Reebok, Asics, etc.

Fake footwear represented around 22% of the overall share of counterfeited and pirated goods seized in the year 2016.

Nowadays consumers have become highly brand conscious, but everyone cannot afford a costly branded product. In order to satiate their need for buying luxury goods at low prices, people have shifted their focus towards fake goods. Selling and buying of fake items are illegal as they violate the intellectual property rights of the brands.

With the growth of e-commerce, it has become quite challenging to stop the sale of counterfeits. This is because a consumer cannot differentiate between a genuine and an original product by just seeing an image online.

According to a report, the global footwear market was valued at approximately USD 246.07 billion in 2017 and is expected to generate revenue of around USD 320.44 billion by the end of 2023, growing at a CAGR of around 4.5% between 2017 and 2023.

Fake footwear may fulfil your urge for branded goods, but they easily wear out or may cause injury or accidents many times. Counterfeit footwear leads to loss of profits, drop down in the reputations of the brands and also leads to massive unemployment.

Duplicate footwear can be curbed with the help of effective regulatory measures, the use of anti-duplication technologies and most importantly by generating awareness among the consumers and retailers regarding the drawbacks of fake footwear items. Some of the anti-counterfeiting measures are holograms, security labels, QR codes, holographic films, and other flexible packaging products.

To get the best anti-duplication solution call us on +91-7857857000 or mail us at connect@ec2-18-235-255-221.compute-1.amazonaws.com.

Counterfeits are losing sales and business in UAE

The number of counterfeit items has dropped down after Khaleej Times took a joint initiative against the presence of counterfeit goods at different locations like a raid on Karama shops.

Abdul, 40 who owns a shop for ladies’ bags and purses in Karama said that that he has faced a setback in his business. Earlier when he had opened the shop, he used to make Dh2,000 but now he makes only Dh100. Sometimes he is not able to sell a single item.

This is the third time he had opened a shop in Karama. Five years ago, the authorities had fined him Dh50,000 during a crackdown against fake products.

“After paying that hefty fine with great difficulty, I closed down my shop and went back to India for a few years.”

He further said that after paying the big fine he closed down his shop and went back to India. On the rising issue of fakes, he says, “Many years ago people used to display fake items at the counter but now they are hidden underground or inside secret basements. Many tourists still come to buy fake products they do not mind buying a copy.

Ahmad Almheiri, senior manager of the business protection department at the DED, said: “If they are selling in a secret apartment, it means they know that the DED is always in the market and that it’s hard to sell counterfeits in Dubai.”

Source: Khaleej Times

Countries involved in counterfeiting of US goods

One of the biggest reasons behind the US-China trade war is due to China’s involvement in the practice of unfair trading practices and IP theft to make counterfeit and cheap goods. The biggest hints of counterfeit items are that their prices are too good to be true. The total value of counterfeit items had a value of $1.2 billion.

The enforcement of IP laws is done by US Customs and Border Protection and US Immigration and Customs Enforcement. Homeland Security’s investigations branch is involved in bringing down the financial and welfare risks caused due to imports of such illicit products. Let’s have a look at the product seizures that violated US trademarks and copyrights across the world.

  • China: 48%
  • Hong Kong: 39%
  • Turkey: 2%
  • Canada: 2%
  • Taiwan: 2%
  • All others: 8%

Positive move

In the 1980s, China became a member of the World Intellectual Property Organization and began to strengthen its intellectual property framework and enact related laws. China stated in recent trade talks that its intellectual property royalties paid to the U.S. surged from $3.46 billion in 2011 to $7.2 billion in 2018.

What’s getting counterfeited?

The seizures of ripped-off intellectual property in the U.S. is only a fraction of all that is sold worldwide. The total seizures of counterfeit goods in the fiscal year 2017, with a retail value of $1.2 billion, down from the fiscal year 2016 seizures that totalled $1.38 billion.

International Patents

According to the World Intellectual Property Organization, the U.S. and China file the most international patents under the Patent Cooperation Treaty.

Source: ocregister.com

FICCI welcomes U.S Government’s action against counterfeits

The US President Donald Trump recently signed a memorandum on combatting the trafficking of counterfeit and pirated goods which will stop the sales of fake goods, especially on e-commerce platforms. In a statement applauding the work of US government, FICCI said that the Department of Homeland Security along with the Commerce Department, the federal agencies will create a report to curb fake goods in American marketplace within 201 days.

The report will determine the data, factors, market incentives and distortions which lead third-parties to involve in the trafficking of fake and pirated goods.

According to a study released by OECD, the business of fake and pirated products represents 3.3% of the global trade. The study also explains that the share of counterfeits has grown significantly posing a risk to the global economy. FICCI has been addressing the menace of illicit trade with regards to duplication, smuggling and piracy through its initiative CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy).

While speaking on the development Anil Rajput, Chairman FICCI CASCADE said, “This is a proactive step taken by the US President to curb the menace arising out of sale of counterfeits which adversely impacts the legal industry, government revenue and the health and safety of the people. Illicit trade also fuels organized crime. It threatens peace and stability worldwide, and hence all countries across the world must address the matter on war footing.”

FICCI CASCADE works in coordination with government, industry, enforcement agencies, media, legal experts and consumer organizations to develop awareness on counterfeiting and smuggling.

Source: Outlook India