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Indian economy loses Rs 1.17 trillion due to smuggling, says study

The study measures the impact of smuggling in five areas - textiles, tobacco products, readymade garments, capital goods, and consumer electronics - taking into consideration their backward and forwar

Indivjal Dhasmana 

Smuggling

loses Rs 1.17 trillion due to in five key sectors, revealed a study. The study, conducted by the Federation of Indian Chambers of Commerce and Industry (Ficci) and the Committee Against and Counterfeiting Activities Destroying the Economy (CASCADE) measures this impact through impact of in five areas — textiles, tobacco products, readymade garments, capital goods, and consumer electronics — taking into consideration their backward and forward linkages.


Indian economy loses Rs 1.17 trillion due to smuggling, says study

First Published: Fri, September 27 2019. 00:28 IST
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