Published on February 13, 2014 at 7:06
Washington: US has identified Nehru Place and Gaffar Market in New Delhi as “notorious markets” for theft and violation of intellectual property rights (IPR).
Manish Market and Lamington Road in Mumbai, and Chenoy Trade Center and Hong Kong Bazar in Hyderabad are the other four “notorious markets identified by the US Trade Representatives.
Sources said that, Nehru Place is a prominent example of the numerous such markets observed in major cities of India where dealings in large volumes of illegally copied software, optical media comprising of movies and music, and forged goods are taken place.
According to the report, Gaffar Market is popular for bogus clothing, shoes, cosmetics, electronics, and other products, most of which are imported into India.
US Trade Representatives Mike Froman said that the counterfeit goods which have been selling in the aforesaid markets which include medicines, personal care products, automotive parts etc are really a threat to the health and safety of consumers.