Overview

• At the MASCRADE conference in New Delhi, the Supreme Court judge cast illicit trade as a threat to the economy, jobs, and national security.
• He referenced estimates nearing $3 trillion annually and said profits frequently feed criminal syndicates and terrorism.
• He warned that counterfeit goods—especially medicines—risk lives while offering no warranties or tax contribution.
• He highlighted enforcement gaps as sales move to offshore servers, torrent sites, and large e‑commerce marketplaces.
• Organisers reported international participation from WIPO, UNODC, and EUIPO, alongside the release of a report on GST reforms.