1. Diwali sales of Chinese goods dip 60 per cent: CAIT

Diwali sales of Chinese goods dip 60 per cent: CAIT

Traders' body CAIT today said that Chinese goods saw a 60 per cent decline in sales on Diwali this year as people preferred to buy Indian products after the boycott call on social media platforms went viral.

By: | New Delhi | Published: October 31, 2016 3:19 PM
lights-diwali-l According to the survey conducted in major cities by the Confederation of All India Traders (CAIT), even traders showed lack of enthusiasm in selling Chinese products. (Express photo)

Traders’ body CAIT today said that Chinese goods saw a 60 per cent decline in sales on Diwali this year as people preferred to buy Indian products after the boycott call on social media platforms went viral.

According to the survey conducted in major cities by the Confederation of All India Traders (CAIT), even traders showed lack of enthusiasm in selling Chinese products.

“Traders across the country were seen reluctant in displaying Chinese goods on the counter and even some traders put Make in India Board in their business establishments to woo the consumers,” the traders’ body said.

Instead of Chinese goods, people prefer earthen lamps and decorative items made from paper, clay and plastic to decorate their houses and some even used last year’s material for decoration purposes.

The estimates are based on data collected from 20 cities including Delhi, Mumbai, Nagpur, Jaipur, Ahmedabad, Kanpur and Bhopal, the major distribution centres across India.

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