In his address, Kapur said that ACMA itself has taken steps to take its Asli-Naqli campaign to smaller towns and cities of the country to grow awareness about the dangers of using fake components and the many benefits that accrue from genuine parts.
These comments are important in the context of the fact that India has the dubious reputation of having the highest accident rate in the world. India apparently has one accident every one minute and a death every four minute. It has been estimated at 20 percent of vehicles with fake parts cause these accidents.
The real impact The losses incurred due to spurious components are huge, both to industry and the government. At present, in India, one out of three automotive components is a fake one — a real challenge for industry to overcome. Counterfeit components result in:
• An estimated revenue loss of around Rs 3,100 crore per annum.
• Employment loss of around 1.15 million per annum.
• Additional consumption of fuel worth Rs 600 crore per annum.
• Results in additional 10-15 percent vehicle pollution.
• 20-25 percent increase in road accidents.
• Frequent vehicle breakdown and repair jobs.
BRIAN DE SOUZA