- Its estimated that foreign businesses lose $500m (£250m) every year in India because of piracy
- Experts say half of the music sold on the streets is illegal, while 60% of movies sold in India are allegedly fakes
- Software companies, though, are bearing the brunt of the piracy trade. Figures indicate that 74% of software sold in India is counterfeit.
- "Now China still has a higher rate of piracy than India - but they've seen a 6-7% drop in piracy levels, in comparison to 2- 3% in India."
Economics, global development,current affairs, globalization, culture and more rants on the dismal science, and the society. "As usual, it's like being a kid in a candy store. I'm awed by the volume of high-quality daily links in general. Thanks!" - Chris Blattman
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.