Chinese goods sale dips 60% during Diwali: CAIT

Venkatesan R | | Updated on: Jan 16, 2018

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

According to a 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 some displayed ‘Make in India’ board in their business establishments to woo the consumers,” the traders’ body said.

People preferred earthen lamps and decorative items made from paper, clay and plastic, instead of Chinese goods, to decorate their houses and some even used last year’s materials 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.

Published on October 31, 2016
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