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2-min read

Rs 50 Lakh Worth Counterfeit TVS Motor Spare Parts Seized

As per the Automotive Component Manufacturers Association of India (ACMA), the penetration of counterfeit spares has drastically reduced from 36 percent in 2010-11 to five percent in 2016-17 and their place taken up by parts from unorganised segment.

PTI

Updated:January 25, 2018, 3:00 PM IST
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Rs 50 Lakh Worth Counterfeit TVS Motor Spare Parts Seized
TVS Apache RR 310. (Image: Manav Sinha/News18.com)
More than Rs 50 lakh worth counterfeit automotive spare parts of two and three-wheeler major TVS Motor Company have been seized in the last three months during raids conducted with the help of police in different states, a top official said.

The raids, based on information and aimed at curbing sale of such fake products, were conducted at 55 places in cities like Bengaluru, Hyderabad, Delhi, Kolkata and Coimbatore, TVS Motor Company Senior Vice President K Venkateshwaralu (Parts Business) said.

FIRs had been registered against the culprits for 'violation' of the Copyright Act, he said.

"We, with the help of police, have seized more than Rs 50 lakh worth counterfeit spare parts in raids conducted in last three months," he told PTI here.

The company planned to conduct similar raids in different parts of the country in the coming financial year also, he said.

Also Read: Auto Expo 2018: What to Expect From Maruti Suzuki?

Out of the more than Rs 50 lakh worth seized parts, as much as Rs 20 lakh worth fake parts were recovered from Bengaluru alone, Venkateshwaralu said.

The company has initiated a Brand Protection Programme to combat counterfeiting of parts in a bid to guarantee distribution and availability of genuine parts to consumers through 4,000 company touch points, the official said.

This was part of the company's commitment to total quality and customer-centric focus and in line with its passion for safety of its customers and the longevity of its vehicles, he said.

Venkateshwaralu said the company hoped for reduction in the penetration of counterfeit parts in markets.

As per the Automotive Component Manufacturers Association of India (ACMA), the penetration of counterfeit spares has drastically reduced from 36 percent in 2010-11 to five percent in 2016-17 and their place taken up by parts from unorganised segment.

Also Watch: 2018 Maruti Suzuki Swift Review (First Drive) | Cars18


(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Ayushmann Chawla
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