Textiles, FMCG products account for about 90% of illicit trade into India, finds FICCI CASCADE study
💨 Abstract
The report by FICCI's CASCADE and TARI reveals the rapid expansion of India's illicit markets in textiles, FMCG, personal care, alcohol, and tobacco, amounting to Rs 797,726 crore in 2022-23. Textiles led with over 50% of the market, followed by FMCG at 37%.
Courtesy: theprint.in
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