New Delhi: Consumer awareness is the key to curb the growing menace of counterfeit goods, which is widespread across the country right from fake medicines, automobile parts to cosmetic products, an official said on Wednesday.
"Counterfeiting is a growing menace, it is hurting everybody - consumers, industry and the exchequer. All sectors of the industry should join hands in a drive to meet the challenges posed by such illegal activities," said Pankaj Agrawala, special secretary, department of consumer affairs.
Agrawala was speaking at a day-long seminar on "Developing a Pro-active Strategy to curb counterfieting" on the World Anti-Counterfeiting Day organised by leading industry lobby, Federation of Indian Chambers of Commerce and Industry (FICCI) forum Committee on Anti-Smuggling and Counterfeiting Activities Destroying Economy (CASCADE).
He also said that the industry should work with the government for educating public on the dire implications of counterfeit goods.
"We need to curb this menace by educating youngsters. Some of the measures could be including lessons on anti-counterfeiting in economic classes," he added.
According to FICCI-CASCADE, the share of fake/counterfeit medicines was estimated at 15-20 percent of the total Indian market, soft drinks at 10 percent and fake cosmetics, toiletry and packaged foods estimated 10-30 percent.