China continues to top the US Trade Representatives’ annual notorious market list, which was released on Tuesday. However, the list includes three Indian markets in three cities—one of which is in New Delhi—as well as three online markets.
According to reports, 39 online and 33 physical markets participate in or encourage significant copyright piracy and trademark counterfeiting. These markets are listed as notorious markets for 2023.
The three Indian markets are: Heera Panna in Mumbai, Tank Road in Karol Bagh in New Delhi, and Sadar Patrappa Road Market in Bengaluru.
Among the online Indian markets that figure in the list are IndiaMart, Vegamovies and WHMCS Smarters.
In Delhi, a well-known wholesale market called Tank Road is a great place to find affordable clothing. It is renowned for the enormous range of denim that is offered in stores.
In addition to being a center for machine tool, hardware, and electronic goods, Bengaluru’s Sadar Patrappa Road, also known as the SP Road, is also well-known for its counterfeit goods.
The Heera Panna shopping center in Mumbai, which is close to the busy Haji Ali junction, has a notorious reputation for selling knockoffs of well-known international brands. It should come as no surprise that people seeking for inexpensive big-name records—making both “first copies” and “second copies”—love it.
Soon after releasing the List on Tuesday, US Trade Representative Katherine Tai said, “The trade in counterfeit and pirated goods harms workers, consumers, and small businesses, and ultimately hurts the US economy.”
“This year’s Notorious Markets List is significant because it underscores the potential dangers of counterfeit goods and why robust enforcement to combat trade in these goods is important to growing our economy from the middle out and the bottom up,” she said.
