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Fake\u00a0products have been there for decades now, and in the rural and suburban areas, where people prefer the duplicates over the original for the sheer difference in price, they have been immensely popular. But, its recent rise in the automobile market has brought the\u00a0industry\u00a0face to face with a new found horror. Not only do the\u00a0fake auto parts account for 40 percent of after market sales, but also has caused a good number of accidents. Hence, customer goodwill had also lost in this process. Moreover, unlike FMCG or Apparel, where people buy them simply because they are cheap,\u00a0fake\u00a0automobile parts\u00a0are the incentive of dealers as they receive a commission from the\u00a0fake manufacturers to pass on these products.<\/p>\n
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A Double Blow to the Companies<\/strong><\/p>\n So, the current valuation of counterfeit\u00a0parts\u00a0amounts for 10,500 crores to 14,000 crores which have been a worrying rise from the recent figure of 8,500 crores. The more the product is involved in the mechanism of the operation, the greater is the chance of an accident. The lack of legal bounds for aftermarket products, where it is possible to pass off\u00a0fake\u00a0parts\u00a0due to the naivet\u00e9 of the customer, is troubling in the country.<\/p>\n Initially, it was more rampant in the cars and utility vehicles because of the users\u2019 ignorance, but even seasoned drivers of large carriages like trucks are now being fooled. It is a double blow on the revenue as well as customer safety for any brand.<\/p>\n Duplicate products have an unerring power to enter the market and disturb the brand image. As a brand, it is mandatory to create a master plan to combat their adverse effects from the word go or they will put\u00a0you\u00a0out of the market. Looking for the master plan, we can help you, to check more information, visit:\u00a0http:\/\/lasersec.in\/automobile.html<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Fake\u00a0products have been there for decades now, and in the rural and suburban areas, where people prefer the duplicates over the original for the sheer difference in price, they have been immensely popular. But, its recent rise in the automobile market has brought the\u00a0industry\u00a0face to face with a new found horror. Not only do the\u00a0fake … <\/p>\n