Chinese traders likely to suffer a loss of Rs 1.25 lakh crore during Diwali

Indians prefer indigenous goods

New Delhi – According to the information given by the ‘Confederation of All India Traders’ (CAIT), there has been a decline in the sales of Chinese goods during Diwali across the country. Therefore, Chinese traders are likely to suffer a loss of Rs 1.25 lakh crore.

Chinese Traders likely to face a loss of 125,000 Crore Rupees during Diwali

Indians are prioritizing locally-made products.#DiwaliCelebration #MakeInIndia #AtmanirbharBharat pic.twitter.com/kJVDrW9dOg

— Sanatan Prabhat (@SanatanPrabhat) October 30, 2024

Praveen Khandelwal, General Secretary of the organization and Member of Parliament from Delhi’s Chandni Chowk Constituency, said the impact of ‘Vocal for Local’ (encouraging the sale of locally made products) is visible in markets across the country. 90% of the products available for purchase in the entire market are Indian. This is a welcome thing for all of us. He also appealed to citizens to prefer buying Indian goods while shopping for Diwali.