Xiaomi Seizes Counterfeit Accessories Worth 74 Lakhs In 6 Months

Xiaomi Seizes Counterfeit Accessories in India : Most of the...

Xiaomi Seizes Counterfeit Accessories in India : Most of the people across the country are preferring to buy goods online, but let us tell you that some platforms are selling fake Xiaomi goods. There is a lot of demand for portable electronics and accessories in the country. Fake goods of many big brands are being sold openly in the online market. Fake goods cause big loss to the companies, as well as the customers are also getting hurt.

9000 fake products seized
Due to the Kovid Pandemic, you can also sell on e-commerce platforms. Consumer electronics firm Xiaomi has seized 9000 counterfeit products being sold under its name in the first 6 months of the year 2022. Their price is Rs 73.8 lakh. In this year, the company had seized 3,000 products worth Rs 33.3 lakh that were being sold under its brand name with the help of the police. Pirated products are now easily present not only in the markets of the country.

doing fraud like this
Muralikrishnan B, President of Xiaomi India, says that many products included in the company’s portfolio are being piracy. Fake earphones, chargers, adapters and USB cables are being sold more. There are markets in major cities of the country from where counterfeit products are being shipped all over the country. Harman, a part of Samsung, which manufactures speakers and buffers under the names JBL, AKG, Harman Kardon and Infiniti, earlier this month also recovered fake speakers and buffers of JBL and Infiniti from several shops and manufacturing units in Delhi with the help of police. .

No online checking system
TechArc researcher Faisal Kavusa says that it is very easy to copy wearables and wearables products. Not only this, they can be easily imported from China. The sale of counterfeit goods is also increasing because there is no system of checking on online marketplaces. Anyone can sell a fake product by listing it.

damage to the country’s economy
According to the September 2019 report of Federation of Indian Chambers of Commerce and Industry-FICCI, the Indian economy loses Rs 1.17 trillion every year in only 5 sectors of counterfeit and smuggled goods. from the sale of. Consumer electronics is also included in these 5 sectors.

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