3 Indian markets in 3 cities, 3 online markets figure in Notorious Markets List of US Trade Representatives : The Tribune India

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3 Indian markets in 3 cities, 3 online markets figure in Notorious Markets List of US Trade Representatives

The 3 Indian markets are: Heera Panna in Mumbai, Tank Road in Karol Bagh in New Delhi, and Sadar Patrappa Road Market in Bengaluru

3 Indian markets in 3 cities, 3 online markets figure in Notorious Markets List of US Trade Representatives

Among the online Indian markets that figure in the list are IndiaMart, Vegamovies and WHMCS Smarters.



PTI

Washington/New Delhi, January 30

Three Indian markets in three cities, including one in New Delhi, and three online markets have figured in the annual notorious market list of the US Trade Representatives released on Tuesday, in which China continues on the number one spot.

The 2023 Notorious Markets List identifies 39 online markets and 33 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy.

The three Indian markets are: Heera Panna in Mumbai, Tank Road in Karol Bagh in New Delhi, and Sadar Patrappa Road Market in Bengaluru.

Among the online Indian markets that figure in the list are IndiaMart, Vegamovies and WHMCS Smarters.

Tank Road is a popular wholesale market in Delhi where customers can get clothes at reasonable prices. It is known for the sheer variety of denim available across shops.

Sadar Patrappa Road or the SP Road in the KR Market of Bengaluru is known as a hub of electronic, hardware and machine tool goods and is equally notorious for its duplicate products.

The Heera Panna shopping centre, located near the busy Haji Ali junction in Mumbai, has been infamous for selling rip-offs of top global brands. Unsurprisingly, it is a favourite for those looking for big labels for cheap, making the "first copies" and "second copies".

Incidentally, Heera Panna in Mumbai and Tank Road in Delhi had also featured in a similar report for 2021, released in February 2022, the other two being Delhi's Palika Bazar and Kidderpore in Kolkata. The 2021 Notorious Markets List released in 2022 identified 42 online and 35 physical markets around the world.

Soon after releasing the List on Tuesday, US Trade Representative Katherine Tai said, “The trade in counterfeit and pirated goods harms workers, consumers, and small businesses, and ultimately hurts the US economy.”      

“This year's Notorious Markets List is significant because it underscores the potential dangers of counterfeit goods and why robust enforcement to combat trade in these goods is important to growing our economy from the middle out and the bottom up,” she said.

The identified 39 online markets and 33 physical markets are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy, the 2023 Notorious Markets List said. 

#China #Mumbai #United States of America USA #Washington


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