Hyderabad, May 22 -- The Federation of Retailers Association of India (FRAI) Telangana Chapter has expressed concern over the growing incidence of illicit trade, counterfeit products and unfair market practices. The trade body has warned that these trends are posing significant challenges to small retailers and traditional businesses across India. The concerns were raised during a seminar on 'Confronting Illicit Trade in Modern Markets' held in Hyderabad, where retailers, trader associations, policymakers and industry representatives discussed the impact of counterfeit goods, illegal distribution networks and aggressive market practices on the retail sector. Participants said the rapid expansion of quick commerce and e-commerce platforms,...