India Inc today said that the flourishing market for pirated and counterfeit goods could be curbed only if the authorities carry out a number of raids and obtained convictions to nail the pirates and intellectual property rights offenders.

"There is no way you can beat a pirate on pricing because he can escape on taxes. The number of raids need to come up to a critical level," Indian Music Industry President V J Lazarus said at a FICCI conference on piracy and brand protection here.