Automotive and Lubricants Parts

Description:

Prevent counterfeit auto parts from endangering lives. Our security labels and serialization guarantee the authenticity of every component.

The Federal Trade Commission estimates the market for fake car parts at approximately $12 billion a year.

According to industry estimates, the after-sales market in the automotive industry is pegged at about $6 billion, of which 30-35% are counterfeit products. 20% of road accidents in India are attributed to fake automotive components, says a study by Nielsen and ACMA (Automotive Component Manufacturing Association Of India).

In India, the spurious automobile parts market accounts for around 36% of the Rs 33,000 crore aftermarket.