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Counterfeiting continues to be a major growing issue in the
automotive component industry. According to Motor Equipment Manufacturers Association (MEMA), USA the global automotive industry loses US $ 12 billion to counterfeiting. The Indian scenario is not a different
story. According to FICCI – CASCADE latest study (Grey market the invisible enemy) released in 2012, the Auto component industry loses 29.6% of its sales due to grey market, worth US $ 2 billion (`9198 crores out
of estimated size of ` 31,046) affecting the growth of economy, loss of jobs, brand owner goodwill as well as risk to public safety. The parts that tend to be counterfeited the most are frequent replaced parts such as brake pads, spark plugs, and various types of filters. Governments have a particularly critical role to play in this effort. All over world, they are doing their best creating the necessary legal infrastructure, educating police force, developing suitable laws to deter fraudulent behaviour. Businesses, however, must also do their part to prevent the production and sale of counterfeit products.