The Holography Times, Volume 7 Issue 21, discusses the proactive role of trade associations in combating product counterfeiting across various sectors in India, including FMCG, pharmaceuticals, and electronics. It highlights initiatives like the introduction of security holograms in Maharashtra to curb illicit liquor and Zambia's arrival of holograms for audiovisual products to combat piracy. The issue also covers industry updates, technological advancements in holography, and the significant historical developments from companies like De La Rue.