Coronavirus Threat: Price Of Chinese Goods Up 1...

Coronavirus Threat: Price Of Chinese Goods Up 15 Per Cent

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Shopping Friend
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Coronavirus Threat: Price Of Chinese Goods Up 15 Per Cent

Coronavirus Threat: Price Of Chinese Goods Up 15 Per Cent

With stock depleting and no fresh consignments arriving in from China, traders are hoping the situation eases soon

In addition to affecting people’s health worldwide, the novel Coronavirus (COVID-19) is also affecting the import business of several Mumbaikars. Wholesalers and retailers from the city and the Mumbai Metropolitan Region (MMR) dealing in Chinese goods are witnessing a slump in stocks and an uncertain future as shipments from the country have stopped coming in.

The arrival of seven ships from China between February and March at JNPT (Jawaharlal Nehru Port) has been cancelled. Fast-moving Chinese products like mobile covers, accessories, phones, electronic items, clothes, etc have seen a price hike of almost 10 to 15 per cent in the last couple of weeks.

https://www.mid-day.com/articles/coronavirus-th...

2 Comments  |  
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Deal Subedar
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But Govt Says All Products Are Made In India Na ?
Then Why Worry ?

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Deal Cadet
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TechnoFrendz wrote:

But Govt Says All Products Are Made In India Na ?
Then Why Worry ?

products are just assembled in India.
India does not have a semiconductor manufacturing facility, so all electronic components for phone,cars,tv etc are manufactured there and assembled in India.
And about plastic goods and other house hold items, they manufacture at 1/5 the cost in India

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