Entrupy, which specialises in the automated identification of counterfeit goods, every year produces a report titled "State of the Fake" which analyses the market for copies of luxury goods, their production centres and the most commonly made fakes. 

It was because he saw fakes on every street corner in Madras, the Indian city where he studied, that Vidyuth Srinivasan decided to launch Entrupy in 2012. The engineer, who is now based in New York, a few blocks from Canal Street, the city's counterfeiting