INDIA:HP WORRIED OF COUNTERFEIT CTGS

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Date: Monday September 19, 2005 12:17:00 pm
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    Counterfeiting of cartridges worries HP
    The IT major sees counterfeiting of products like toners and cartridges as a big issue in the industry
    September , 2005
    Counterfeiting is no longer just associated with segments like apparel
    or the FMCG industry. Electronic equipment and products like toner
    cartridges are fast becoming mainstream for being counterfeited by
    culprits. Even after incorporating different methods to stop
    counterfeiting, the isue still appears big in the industry.

    Speaking at the launch of HP’s new range of Photosmart 8758 printers in
    the market, Ravi Aggarwal, Vice President, Imaging and Printing Group,
    HP said, “We have taken a lot of precautions to make sure that our
    products are not that easy to counterfeit. We have a special hologram
    on all the toners. Counterfeiting of products like cartridges is a
    serious issue and we will work with the industry to address this issue
    in a better way.”

    Commenting on the new printer he added, “This is the world’s first nine
    – ink photo printer for the professional segment. Traditionally, photo
    printers have only eight inks, but the PS 8758has an extra colour –
    blue – which ensures that photographs are richer and more vivid, making
    this printer the best possible option for commercial photographers.”

    In order to address this issue of counterfeiting – Indian organisations
    like MAIT and Nasscom are already working closely with the industry.
    With companies like HP, 3Com, and Cisco continouesly facing the
    counterfeiting problems on the global front – the Alliance for Gray
    Market and Counterfeit Abatement, or AGMA is working towards helping
    these companies towards addressing this problem on a global scale

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