Bilcare plans for anti counterfeit technology for automobile industry
The Indian automobile industry, which has been dealing with spurious components for a long time, saw the launch of anti counterfeit technology from Packaging solutions provider Bilcare Ltd.
According to Raman Nanda, President and CEO of the company, car parts comprise more or less 37 percent of the entire components market.
The product has been launched form the company’s facility in
Earlier it had dedicated about Rs. 100 crore for research and development purposes.
When queried about the sales target in
Of this, he commented that
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