The document discusses the rising issue of counterfeit auto parts in India and globally. It states that according to industry surveys, counterfeit parts account for around 35% of the Indian replacement auto parts market, valued at over $1 billion. Counterfeit parts threaten automaker profits but also endanger lives by failing to meet safety and performance standards. Common counterfeited parts include oil filters, brake pads, and windshields. The use of counterfeits can result in engine failure, fatal accidents from poor braking, and injury from non-shatterproof glass. Holograms and other authentication technologies are seen as ways to help distinguish genuine parts and protect brands and customers.