trendingNowenglish1945186https://zeenews.india.com/companies/diwali-sales-of-chinese-goods-dip-60-due-to-boycott-call-on-social-media_1945186.html
News> Companies
Advertisement

'Diwali sales of Chinese goods dip 60% due to boycott call on social media'

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.

'Diwali sales of Chinese goods dip 60% due to boycott call on social media'

New Delhi: 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. 

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.

Read More