Modern retail store interior. Photo: Zooey Li / Unsplash
Sector 05

Retail & Consumer

Retail, FMCG and consumer durables.

The sector at a glance

Where integrity risk sits in retail.

Every successful consumer brand is copied. As shopping moves online and quick commerce reaches every metro, counterfeits, grey-market stock and fake sellers move with it. Meanwhile distributor schemes, trade promotions and returns create quieter leakage inside the business.

Market intelligence

India and the UAE & Dubai, in numbers.

Statistics and regulatory developments from government, regulator and industry sources. Each figure links to its source.

India

One of the world's largest retail markets, moving online fast, and heavily counterfeited.

US$1.09 tn
Indian retail market in 2025
Source: IBEF
US$289 bn
FMCG market revenue in 2025
Source: IBEF
89%
of urban shoppers surveyed have bought a fake product at least once; 35% in the past year
Source: The Week, on the ASPA–CRISIL State of Counterfeiting in India 2025 report
~18%
of FMCG sales online in India's top eight cities, Oct–Dec 2025
Source: IBEF

Regulatory and market updates

  • Counterfeits move online

    The 2025 ASPA–CRISIL survey found online platforms accounted for 53% of counterfeit purchases, and 74% of consumers believe the problem worsened.Source: The Week, on the ASPA–CRISIL State of Counterfeiting in India 2025 report

  • Quick commerce dominates e-grocery

    Quick commerce now accounts for 70–75% of e-grocery orders, up from 35% in 2022.Source: IBEF

  • DPDP obligations for retailers

    Consent, notice and breach notification obligations under the DPDP Rules apply from May 2027.Source: Hogan Lovells

Risk map

The integrity risks we see most often.

Exposure ratings reflect BDI's casework and the current market and regulatory environment.

High exposure

Counterfeits and look-alikes

Fakes on marketplaces, social commerce and in neighbourhood stores.

High exposure

Grey-market and parallel imports

Stock leaking across territories, channels and price bands.

Elevated

Distributor and trade-scheme leakage

Claims for schemes never passed to retailers; phantom secondary sales.

Elevated

Returns and refund fraud

Organised return abuse and refund manipulation in e-commerce.

High exposure

Fake sellers and impersonation

Fake brand stores, dealerships and customer-care numbers.

Other challenges

Channel complexity

General trade, modern trade, e-commerce and quick commerce each leak differently.

Speed of infringement

A fake listing can go live and sell within hours.

Margin pressure

Price competition encourages scheme abuse and diversion.

How BDI helps

Each risk, matched to a response.

The practice that leads and the platform that keeps the record.

RiskHow BDI respondsPracticePlatform
Counterfeits and look-alikesMarket surveys, test purchases, source investigations, raids and civil-suit support.
Fake sellers and impersonationMarketplace and digital monitoring, takedowns, INDRP proceedings and content removal.
Grey-market and parallel importsGrey-market and diversion checks with batch tracing from plant to retailer.
Distributor and trade-scheme leakageDistributor audits against secondary sales and business partner due diligence.
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