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Geregistreerd op: 05 Dec 2018 Berichten: 431
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Geplaatst: 27-03-2019 07:28:57 Onderwerp: res to 6,300 crores. Given that the total export amounts to |
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Time to call a fake a fake
Counterfeiters are all over the field, and they are not leaving any business untouched. It hurts business most in this regard, is the automobile industry for more than one reason. Since its inception, the counterfeit practice has grown to become nearly equal to that of the original in many aspects.
So much so, any authorized dealer will tell you how much loss they incur because somewhere in the supply chain, the counterfeiters enter the scene and complicate the situation. More importantly, little administrative intervention or attention has been given in this regard.
Society of Indian Automobile Manufacturers or SIAM has a staggering statistics for everyone- as much as 47 percent of the total after sales market is full of counterfeits. It amounts to somewhere roughly between 4,400 crores to 6,300 crores. Given that the total export amounts to 55,300 crores, which is a hefty amount given away to the fake dealers. Surely, it needs to stop, and it must start with counterfeit parts problem.
Fake parts are the biggest possible compromise made in this regard, but not anymore. Not only fake parts cause trouble for the market with the breakdown of customer trust, but it costs a good sum of revenue which makes it no less than a criminal offense.
Locating The Areas Of Concern
Since automobile industry is an extensive network spread across the country, it becomes difficult to track down the fake parts dealers. The dangerous liaisons between the dealers and counterfeit manufacturers are most prominent in small towns and metros. In a country as big as India, it is nearly impossible to trace the unregistered and unorganized channels, street-side vendors who sell from fly-by-night shops and self-proclaimed mechanics.
The problem is so big in the unorganized sector that local auto markets thrive on this practice to expand themselves and often gains legitimacy among certain p. Cheap Jerseys Cheap Jerseys Cheap Jerseys China Wholesale Cheap NCAA Jerseys China Cheap Soccer Jerseys From China Cheap Authentic College Jerseys Cheap NHL Hockey Jerseys Wholesale Jerseys Wholesale Jerseys China Wholesale NHL Jerseys |
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