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A major contribution to a country\u2019s GDP comes from the automobile after-sales industry which includes servicing and spare parts production. While both the sectors continue to grow there has been a rising concern regarding the production of counterfeit automobile parts which consumers often fail to identify and the service centers readily use because these parts give them huge profit margins.<\/p>\n
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It\u2019s\u00a0n<\/span>ot<\/span>\u00a0<\/span>Cheap<\/span>\u00a0<\/span>If<\/span>\u00a0i<\/span>t\u00a0c<\/span>osts<\/span>\u00a0y<\/span>ou<\/span>\u00a0<\/span>a\u00a0<\/span>Life<\/span>! Firstly, these parts are produced using non-standard production methods and often skip much quality testing which ensures consumer safety. These parts do\u00a0<\/span>not<\/span>\u00a0<\/span>undergo the right engineering simulation to analyze the stress, strain, fracture point, and factor of safety of the parts. Thus, it takes much less time for the manufacturers to produce a counterfeit part than the genuine one as dictated by the automaker.<\/p>\n \u00a0<\/span>Secondly, these parts do\u00a0<\/span>not<\/span>\u00a0<\/span>perform ideally since they lack precision and accuracy guaranteed by sound engineering practices. For ex: A counterfeit clutch is cheaper but it may lag while transmitting power from the engine and ultimately burn very quickly hence having a shorter shelf\u00a0<\/span>life<\/span>.<\/p>\n Furthermore, counterfeit parts also pose threat to the performance of your vehicle and may fail at critical points leading to accidents. According to a study, nearly 20% of all the road accidents are due to the use of counterfeit auto parts which also negatively affect the brand image of automakers.<\/p>\n \u00a0<\/span>Thirdly, there is a consolidated report published by the Automotive Component Manufacturers Association (ACMA) which states that the counterfeit spare auto parts industry is valued about 30% to 40% of overall auto components market. This stands as a challenge for the govt. because these industries do\u00a0<\/span>not<\/span>\u00a0<\/span>come under the tax bracket which means the country is losing a lot of money already.<\/p>\n \u00a0<\/span><\/strong>How to Tackle this mess? The industry and govt. intelligence agencies must work together to run anti-counterfeiting strategies. Most importantly the consumers have to be made aware of the situation and motivated to buy only the genuine parts.<\/em><\/p>\n \u00a0<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" A major contribution to a country\u2019s GDP comes from the automobile after-sales industry which includes servicing and spare parts production. While both the sectors continue to grow there has been a rising concern regarding the production of counterfeit automobile parts which consumers often fail to identify and the service centers readily use because these parts … <\/p>\n
\n<\/strong>It is no secret that the counterfeit auto parts cost 15% to 20% less but the associated threat is threefold.<\/em><\/p>\n
\n<\/strong>The solutions may be far-sighted but it is possible to eliminate the counterfeit parts production. The automakers need to ensure that they supply enough genuine parts in the country so that availability is\u00a0<\/span>not<\/span>\u00a0<\/span>of concern.<\/p>\n