Our report titled ‘Illicit markets: A threat to National Interests’ prepared in collaboration with FICCI CASCADE was released by Hon’ble Vice President Shri M. Venkaiah Naidu on 22nd September 2022. The report is spread across five key industries mentions that it costed India 3 million jobs. The government has suffered a $7 billion loss due to the counterfeit market in 2019-2020.
It is clear that good corporate governance makes good sense. The name of the game for a company in the 21st Century will be conform while it performs.
Mervyn King (Chairman: King Report)