Complaint lodged against Delhi retailers for selling counterfeit Casio watches
today Dec 28, 2017
Casio India Pvt Ltd, manufacturer of watches and electronic goods has lodged a complaint against several leading retailers in the capital city for selling fake Casio watches at their outlets.
The Casio team with the help of local police authorities conducted raids at several shops in Delhi and recovered a sizeable quantity of counterfeit Casio watches.
The company has also lodged a First Information Report (FIR) against major retailers at Karol Bagh Police Station in Central Delhi for selling counterfeit Casio watches.
Umesh Kumar Gupta, Legal Head of Casio India, in a statement said, "The sale of counterfeit products not only affect the business and the brand image but also affects the rights of unwary consumers who end up purchasing the counterfeit products believing it to be the genuine products of Casio."
Casio is aggressively running awareness drives to fight the counterfeit markets and conducting raids across major cities. Earlier in the month a similar raid was conducted in Kolkata.
The counterfeit market in India is estimated to be over $8 billion with the country ranking fifth in fake goods trade as per a study by the Organisation for Economic Co-operation and Development (OECD) and the European Union’s Intellectual Property Office.
Recently, US-based footwear brand Skechers had taken India’s leading e-commerce firm Flipkart to court for selling counterfeit Skechers products on its platform.
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