Boycott Chinese goods call of CAIT seems working

New Delhi, 29 Oct (KNN) The Confederation of All India Traders (CAIT) has given a call of 'boycott Chinese goods' as traders across the country are facing problems of heavy money crunch due to the pandemic and the simultaneous pressure of meeting social and financial obligations in the wake of Diwali festivity.

National President B.C.Bhartia & Secretary General Praveen Khandelwal, CAIT said that at a recent survey conducted by CAIT Research & Trade Development Society, in 20 Cities of different States found that so far no order of Diwali goods, firecrackers or other like items have been placed with China by Indian traders or importers and this year’s Diwali will be purely celebrated as " Hindustani Diwali".

These 20 cities are New Delhi, Ahmedabad, Mumbai, Nagpur, Jaipur, Lucknow, Chandigarh, Raipur, Bhuvneshwar, Kolkata, Ranchi, Guwahati, Patna, Chennai, Bangluru, Hyderabad, Madurai, Pondicherry, Bhopal and Jammu. Every year, during the 5 months festive season which begins from Rakhi to New Year, the Indian traders and exporters import goods worth INR 70,000 thousand from China.

The CAIT states the traders across the Country have a substantial stock of Indian goods with them to meet the requirements of the consumers.

Bhartia and Khandelwal said that during the rakhi festival this year, the China suffered a huge loss of around INR 5000 crore and in the ganesh chaturthi the loss was INR 500 crore and the same trend is expected to be seen in Diwali when the demands will be met by the India made goods.

“This clearly indicates that it's not only the traders who are boycotting the  Chinese goods but the consumers are also not willing to buy china made products. It's a strong and concrete contribution of business community towards " Make in India" and "Atmanirbhar Bharat" vision of Prime Minister Narendra Modi,” added the two senior officials.

Prominent retail verticals like FMCG goods, Consumer durables, Toys, Consumer Electronics, Electrical Appliances and goods, Kitchen articles and accessories, gift items, personal consumables, confectionary items, home furnishing, tapestry, utensils, builders hardware, footwear, watches, furniture and fixtures, garments, fashion apparels, cloth, home decoration goods, Diwali pooja goods including clay Diyas, Deity's, wall hangings, handicraft items, textiles, good fortune symbols like Shubh-Laabh, Om, feats of Goddess Lakshmi for home decor, decorative articles, etc., are the core sectors where Chinese goods have been replaced by Indian goods.