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Fake drugs growing at 20-25%: Assocham

With sale of fake and spurious drugs continuing unabated in the country, industry body Associated Chambers of Commerce and Industry of India (Assocham) said the market is growing at an alarming rate of 20-25 per cent, which has already exceeded the Rs 15,000-crore per annum mark nationally. "At all-India levels, fake and counterfeit drugs are so widely disbursed that their estimates according to latest figure exceed Rs 15,000 crore per annum,' Assocham General Secretary D S Rawat said.