IndiaMart, 4 other Indian marketplaces on counterfeit list

The Notorious Marketplaces 2021 list identified 42 online marketplaces and 35 physical marketplaces worldwide that engage in or facilitate significant trademark counterfeiting or copyright piracy.

The other three Indian markets on the list are Heera Panna in Mumbai, Kidderpore in Kolkata and Tank Road in Delhi.

“The global trade in counterfeit and pirated goods undermines essential American innovation and creativity and harms American workers,” said US Trade Representative Katherine Tai.

“This illicit trade also increases the vulnerability of workers involved in the manufacture of counterfeit products to abusive labor practices, and counterfeit products can pose significant health and safety risks to consumers and workers around the world,” a- she declared.

The USTR report says IndiaMART, an e-commerce website and mobile app that connects buyers with suppliers, describes itself as the second largest online business-to-business marketplace in the world. Counterfeit products can be found in large quantities on IndiaMART, including counterfeit pharmaceuticals, electronics and clothing.

Rights holders are concerned about IndiaMART’s failure to adequately implement anti-counterfeiting best practices, including vendor verification, sanctions against known sellers of counterfeit products or proactive monitoring of counterfeit products .

IndiaMART apparently has a notice and takedown system, but rightsholders report that it is cumbersome to use, the takedown time is slow, and the status of notices is not transparently communicated to rightsholders. rights, according to the report.

The USTR said a major covered market in the heart of Mumbai, Heera Panna, is said to be selling counterfeit watches, shoes, accessories and cosmetics. Rights holders warn that counterfeit cosmetics sold on this market pose health and safety risks. A raid in Heera Panna in September 2021 led to arrests for selling counterfeit versions of high-end watches.

Known locally as “Fancy Market”, Kidderpore is said to sell counterfeit clothing and cosmetics, often wholesale. Serious skin problems, rashes, irritations and eye diseases were allegedly caused due to the poor quality of the fakes, according to the report.

Palika Bazaar remains on the Notorious Markets (NML) list in 2021. This Delhi underground market is apparently well-known for trading counterfeit goods, such as mobile accessories, cosmetics, watches and eyewear.

Many buyers would be students and other young people who want trendy products at cheap prices. The market is also a popular destination for tourists, the report notes.

Rights holders report that Delhi’s Tank Road wholesale market continues to sell counterfeit goods, including clothes, shoes, watches, handbags, electronics and beauty products. Wholesale counterfeit goods are also reportedly supplied from this market to other Indian markets including Gaffar Market and Ajmal Khan Road, according to the report.

“Rights holders note that carrying out enforcement actions in this location is difficult, as the market is located in a residential area and sellers often seem to have advanced knowledge of raids, which limits their effectiveness,” he said. -he declares.

The USTR is a US government agency responsible for developing and promoting US trade policy.

The USTR first identified Notorious Markets in the 301 Special Report in 2006. Since February 2011, the USTR publishes the Notorious Markets List annually separately from the 301 Special Report, to raise awareness and help market operators and governments to prioritize intellectual property enforcement efforts that protect American businesses and their workers.

This story was published from a news feed with no text edits. Only the title has been changed.

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