Traders claim 60% fall in sale of Chinese goods

[SrNair]

Tribune News Service

Chandigarh, October 31

Social media campaign to boycott Chinese products on this Diwali culminated into a steep decline in sale of Chinese goods. According to information gathered by the Confederation of All India Traders (CAIT) from 20 cities across the country, there has been a 60% decline in sale of Chinese goods.

These 20 cities include Delhi, Mumbai, Nagpur, Jaipur, Ahmadabad, Kanpur, Bhopal etc which are generally considered as distribution cities.

According to an estimate, the value of Chinese goods sold in India during Diwali is around Rs 5,000 crore. Out of the total, over Rs 3,000 crore is Diwali-related gifting items such as toys, fancy lights, gift items, plastic ware, decorative goods etc. In the fireworks segment Chinese share is Rs 1,300 crore while the Indian manufacturers share has been reduced to Rs 500 crore over the years.

The influx of Chinese goods started 4-5 years ago and it has been increasing because of being economical and offering a lot of variety than Indian manufacturers.

CAIT secretary general Praveen Khandelwal said the social media campaign which reached even in the houses beside markets further intensified with a statement of Chinese media “India can only bark” and the people decided to opt for Indian products which includes decorative made from clay, plastic and paper, toffee & chocolate, dry fruits, sweets, FMCG products, Indian electronic items, kitchen equipment, utensils, gift articles, furnishing fabric, ready-made garments, bed sheets etc.

“Crackers made at Sivakasi in Tamil Nadu were more preferred in comparison to Chinese crackers,” he added.

He said, “The Government has to make latest technology available to small sectors and incur substantial expenditure on research & development. If all these steps are taken simultaneously, our trade can do wonders since we have everything at our end to give competition in global market.”
http://www.tribuneindia.com/mobi/ne...-60-fall-in-sale-of-chinese-goods/316961.html

According to our Chinese friends we are not in their top 10 trade nation.
So this is good for both of us

 

[[Bregs]]

This time the awareness was not that much but its increasing gradually,

 

[SrNair]

This time the awareness was not that much but its increasing gradually,

Comments of Chinese yellow tabloids worked out verywell.

 

[[Bregs]]

Comments of Chinese yellow tabloids worked out verywell.

Yes there global times warning to Indian govt regarding no more investments as if they have invested too much in india, that oo when Indian govt has nothing to do do with this peoples movement

this made people more wary of buying Chinese goods

 

[grey boy 2]

Try harder please, mean while we shall continued our business as usual, thank you

Yummy

 

[samv]

Proof many Indians are racist

 

[SarthakGanguly]

Chinese goods should be avoided as far as possible. Local produce gets encouraged. More food on our plates.

 

[SrNair]

Try harder please, mean while we shall continued our business as usual, thank you

Yummy

Irony is we can replace all these with our own.
Only trouble is that 19 billion$ and we will also change that with local and also from other markets .

People themselves rejecting Chinese goods .
Neither GoI nor China can do anything about it .
This is a slow movement .

 

[grey boy 2]

Good development. We should stay away from cheap and fake Chinese goods.

We're the best in business in dealing with any type of customers to suit their need
For example will be "CHEAP goods for CHEAP customers, "FAKE goods for FAKE nation" as well

 

[punit]

next time onward .. traders themselves will import much less chinese products fearing rejection by customers !!

 

[Bussard Ramjet]

Tribune News Service

Chandigarh, October 31

Social media campaign to boycott Chinese products on this Diwali culminated into a steep decline in sale of Chinese goods. According to information gathered by the Confederation of All India Traders (CAIT) from 20 cities across the country, there has been a 60% decline in sale of Chinese goods.

These 20 cities include Delhi, Mumbai, Nagpur, Jaipur, Ahmadabad, Kanpur, Bhopal etc which are generally considered as distribution cities.

According to an estimate, the value of Chinese goods sold in India during Diwali is around Rs 5,000 crore. Out of the total, over Rs 3,000 crore is Diwali-related gifting items such as toys, fancy lights, gift items, plastic ware, decorative goods etc. In the fireworks segment Chinese share is Rs 1,300 crore while the Indian manufacturers share has been reduced to Rs 500 crore over the years.

The influx of Chinese goods started 4-5 years ago and it has been increasing because of being economical and offering a lot of variety than Indian manufacturers.

CAIT secretary general Praveen Khandelwal said the social media campaign which reached even in the houses beside markets further intensified with a statement of Chinese media “India can only bark” and the people decided to opt for Indian products which includes decorative made from clay, plastic and paper, toffee & chocolate, dry fruits, sweets, FMCG products, Indian electronic items, kitchen equipment, utensils, gift articles, furnishing fabric, ready-made garments, bed sheets etc.

“Crackers made at Sivakasi in Tamil Nadu were more preferred in comparison to Chinese crackers,” he added.

He said, “The Government has to make latest technology available to small sectors and incur substantial expenditure on research & development. If all these steps are taken simultaneously, our trade can do wonders since we have everything at our end to give competition in global market.”
http://www.tribuneindia.com/mobi/ne...-60-fall-in-sale-of-chinese-goods/316961.html

According to our Chinese friends we are not in their top 10 trade nation.
So this is good for both of us

Don't focus too much on this. Nothing can replace the importance of having our own manufacturing capability.

Boycott campaigns can work only upto a certain point.

There is a lot of stuff that we simply can't replace.

Right now, all that is being targeted is retail goods related to Diwali, which may have seen a decline.

But China's main goods are really stuff like telecom equipment, (which has only increased. Reliance Jio completely relies on Chinese equipment both telecom, and networking) power turbines, etc.

Comments of Chinese yellow tabloids worked out verywell.

Indeed. That was their stupidity. They just inflamed passions in India towards Boycott.

next time onward .. traders themselves will import much less chinese products fearing rejection by customers !!

Indeed.

 

[ohmrlobalobayeh]

Numbers say Indians like buying 'cheap n fake' chinese goods. This also implies Indians cant even make cheap goods(i will omit 'fake' goods here since only india produces authentic goods while china makes fake 1s) for themselves. This points to the uber failure of a nation's industrial capacity.

You guys have to import even the most basic of items like pencils and toilet rolls.

I can only bow my head down in silence for Bharat

 

[Bussard Ramjet]

Try harder please, mean while we shall continued our business as usual, thank you

Yummy

This chart was very informative.

What are the sources for this if you can tell me please? @grey boy 2

Numbers say Indians like buying 'cheap n fake' chinese goods. This also implies Indians cant even make cheap goods(i will omit 'fake' goods here since only india produces authentic goods while china makes fake 1s) for themselves. This points to the uber failure of a nation's industrial capacity.

You guys have to import even the most basic of items like pencils and toilet rolls.

I can only bow my head down in silence for Bharat

Are you Singaporean native, or Chinese who lives/resides in Singapore?

 

[SrNair]

Don't focus too much on this. Nothing can replace the importance of having our own manufacturing capability.

Boycott campaigns can work only upto a certain point.

There is a lot of stuff that we simply can't replace.

Right now, all that is being targeted is retail goods related to Diwali, which may have seen a decline.

But China's main goods are really stuff like telecom equipment, (which has only increased. Reliance Jio completely relies on Chinese equipment both telecom, and networking) power turbines, etc.



Indeed. That was their stupidity. They just inflamed passions in India towards Boycott.



And this is a third class comment, and you, mister, are a third class person.



Indeed.

That is up to the interests of our businessmen and traders . But we proved that we can certainly do that if we want .
Out of total 75 billion$ electronic import only 25 %is from PRC ,around 19 billion$.
Of course that is a tough choice .And we can reroute that through ASEAN
But all others are possible .

 

[grey boy 2]

Don't focus too much on this. Nothing can replace the importance of having our own manufacturing capability.

Boycott campaigns can work only upto a certain point.

There is a lot of stuff that we simply can't replace.

Right now, all that is being targeted is retail goods related to Diwali, which may have seen a decline.

But China's main goods are really stuff like telecom equipment, (which has only increased. Reliance Jio completely relies on Chinese equipment both telecom, and networking) power turbines, etc.

Here you go, http://www.livemint.com/Politics/nMVyEE20GtPHjII2JhZlUM/What-is-behind-the-IndiaChina-trade-gap.html

Indeed. That was their stupidity. They just inflamed passions in India towards Boycott.



And this is a third class comment, and you, mister, are a third class person.



Indeed.

Here you go
http://www.livemint.com/Politics/nMVyEE20GtPHjII2JhZlUM/What-is-behind-the-IndiaChina-trade-gap.html