Textiles, FMCG products account for about 90% of illicit trade into India, finds FICCI CASCADE study

New Delhi [India], September 25 (ANI): The illicit market in textiles and apparel; packaged goods; personal and household care; alcohol; and tobacco has expanded faster in India and is undermining legitimate businesses, according to a report.

As per the report, textiles and apparel accounted for over 50 per cent of the total illicit market in 2022-23. FMCG (Packaged foods) and FMCG (Personal and Household Care Goods) acco