Big loss to China on this Holi, boycott of Chinese goods increased domestic trade

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new Delhi. The effect of indigenous adoption and boycott of Chinese goods in India has been seen on this Holi. For the last two years, due to Corona, there has been a boom in the market which is getting lighter this time. This is the reason that 30 percent increase in business has been estimated across the country including Delhi on Holi. In the information given by the Confederation of All India Traders, it was told that this year, more than 20 thousand crore rupees have been traded in the goods related to the festival of Holi across the country.

It was told by CAT that after the end of all the restrictions of Karona, the festival of Holi this year has infused a new enthusiasm and enthusiasm among the traders across the country including Delhi and has once again raised new hope about the future of business. . In comparison to the previous year, this year the festival of Holi is expected to increase by about 30 percent in the business of the country, due to which the business of more than 20 thousand crores has been done across the country. The most important thing about this business was that not only the traders but also the common people completely boycotted the Chinese goods. The import of goods related to Holi in the country is about 10 thousand crores, which was absolutely negligible this time. At the same time, the hope of good business has also arisen in the last phase of weddings which will be held in April-May this year.

Praveen Khandelwal, the country’s biggest business leader and the National General Secretary of the Confederation of All India Traders, while thanking Prime Minister Narendra Modi, praised the management of relief from Kovid, saying that due to the better handling of the Kovid problem by the government, the country is now The COVID restrictions have ended across the country and business has now started gaining momentum, which augurs well for the country’s economy. This time in the festive sale of Holi, traders and customers boycotted Chinese-made goods and only herbal colors, gulal, pichkari, balloons, sandalwood, worship material, apparel and other items made in India were sold fiercely. At the same time, there was a big business of many other products including sweets, dry fruits, gift items, flowers and fruits, clothes, furnishing fabrics, grocery, FMCG products, consumer durables.

Khandelwal said that while the general business suffered due to the Kovid restrictions, the hospitality business in particular had almost come to an end, but this year after the end of the Kovid restrictions, Holi celebrations were organized on a large scale across the country including Delhi. Due to which there was an influx of Holi celebrations in banquet halls, farm houses, hotels, restaurants and public parks and this sector did good business after two years. More than 3 thousand Holi Milan celebrations were organized across Delhi alone and a new atmosphere of happiness and enthusiasm was seen on the faces of the people involved in all the programs.

Enthusiastic by Holi, traders have now started making big preparations for the wedding season and traders are hopeful that they will be able to do better business in a new covid free environment.

Tags: Boycott chinese products, Business, China india, Confederation of All India Traders

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