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Genuinely crack down on fakes

Widespread counterfeits plague India, affecting one in three urban consumers. Regulators and brands use AI and analytics for authentication, but technology also aids counterfeiters in a sophisticated struggle. The economics of fakes, driven by price disparities, impact most industries. India's development stage provides limited deterrence, significantly burdening law enforcement. A coordinated response from industry and regulators is crucial to combat fraudulent goods effectively.

Economic Times · ET Bureau · May 10, 2026 at 6:14 PM

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