World Anti-Counterfeiting Day June 8
The automobile sector will mark World Anti-Counterfeiting Day on June 8 by urging customers to use genuine auto spare parts.
The initiative is being undertaken by the Anti-Counterfeiting Group of Society of Indian Automobile Manufacturers (SIAM).
More than 1,075 dealers, stockists and distributors of 2 wheeler and 4 wheeler vehicle manufacturers such as Bajaj, Hero MotoCorp, TVS, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota Kirloskar Motor, Volkswagen India and Volvo Eicher are participating in this awareness drive.
mr. Rajesh Bagga, Co-Chairman, Anti-Counterfeiting Group, and Vice-President, Legal, Tata Motors, said, ''There is a need for stronger implementation of the Copyrights Act, Trademark Act & Patent Act to deter counterfeiters. More than 50% of spares for all popular brands sold are spurious and a threat to consumer safety"
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