Tag: Indians boycotted Chinese goods

Slaying the dragon: 71% Indians boycotted Chinese goods this Diwali
Business, India, World

Slaying the dragon: 71% Indians boycotted Chinese goods this Diwali

Heeding the call to boycott China from various quarters, Indian consumers have mostly stayed away from purchasing China-made products this festive season. According to a LocalCircles survey, 71 per cent of local consumers did not purchase goods that carried a ‘Made in China’ tag. The survey — conducted by the community social media platform among 14,000 Indian consumers spread over 204 districts — shows only 29 per cent of consumers purchased one or more China-made products. Of these, 11 per cent were unaware while purchasing them, while 16 per cent were informed buyers. China-made products — from smartphones and electrical components to home décor items — gained traction here since the mid-2000s, when they flooded the markets with their cheaper alternatives. Among consumers who ...