Chinese companies suffer the loss of Rs 40,000 cr.
If Indians are determined, they can teach a lesson to China. Indians should remain consistent and resolve not to buy or sell any of the Chinese products.
New Delhi – The Confederation of All India Traders (CAIT) said that Indian products achieved the sales of Rs 72,000 cr. this year, while the Chinese exporters suffered the losses of Rs 40,000 cr. approximately. Indian products made huge sales as a result of traders’ boycott of Chinese items.
Diwali 2020: Goods Worth Rs 72,000 Crore Sold, Sales Up 10.8%, Says Traders' Bodyhttps://t.co/on5NrF6LCF @praveendel @BCBHARTIA @sumitagarwal_82 @narendramodi @rajnathsingh @PiyushGoyal @nsitharaman @rsprasad @Wangchuk66 @DrMohanBhagwat @TajinderBagga @yogrishiramdev @DIPPGOI
— Confederation of All India Traders (CAIT) (@CAITIndia) November 16, 2020
According to CAIT, this information is based on survey of 30 cities in the country. The list of cities includes Delhi, Mumbai, Bengaluru, Chennai, Nagpur, Lucknow, Ahmedabad, Jaipur, Jammu, etc. The sale of Indian products primarily comprised electrical appliances, cooking utensils, sweets, home decoration, footwear, watches, etc. In addition to this, CAIT also told that it further aimed at increasing the proportion of boycott, thereby shrinking the Chinese imports by Rs 1,00,000 cr till December 2021.