Significant impacts of widespread counterfeiting and piracy in India were found in BASCAP/Access Partnerships' preliminary report, launched on WAC Day, entitled, "BASCAP working with India: Fighting Counterfeits and Improving the Trademark Environment". The report states that counterfeiting and piracy discourage FDI, limit local job growth, and lower tax collections for public coffers; they present serious health and safety risks for consumers and limit innovation. The report concluded that India's role as a global economic powerhouse is increasingly linked to its ability to ensure that intellectual property rights are protected with strong rules, and when there is an equally strong enforcement of laws and regulations.

1. Prioritize and politicize enforcement of IPR through the National IP Policy
2. Provide adequate political prioritization of economic crimes and provide resources for enforcement. Providing incentives and addressing resource challenges in the police and judiciary are key.
3. Address the supply of counterfeit product, both at the domestic and import level. The situation being particularly problematic with China.
4. Address demand for product by improving awareness of the issue. A significant hurdle to lowering counterfeit rates in India is public awareness.

As the initiative gains momentum, BASCAP will finalize an MOU with FICCI, which will include plans for launching a major BASCAP IP policy report on India, and possibly a major conference organized in partnership with the Indian government, following the Turkey and Russia models.