Home Business This Diwali, China is preparing to give a tweak of Rs 40,000 crore

This Diwali, China is preparing to give a tweak of Rs 40,000 crore

by News Monks

The country is all set to make Diwali fully Indian this year. Everything from lamps to lights is going to be Indian. Indian businessmen have decided to make Prime Minister Modi’s Vocal for Local slogan appropriate at the ground level.

The Confederation of All India Traders (CAT) has made extensive preparations to take the call to every corner of the country. Under Kate’s banner, the country’s business community is gearing up to give China a major tweak of about Rs 40,000 crore this year on the Diwali festival season.

CAT National General Secretary Praveen Khandelwal said that about Rs 70,000 crore is traded in India every year during the Diwali season. This includes expensive retail trade like gold, silver, automobiles. In this trade of Rs 70,000 crore, goods worth about Rs 40,000 crore have been imported from China in recent years. He said that the manner in which China brutally killed 20 Indian soldiers in June this year has provoked a great deal of anger and outrage in every section of the country. Which is why people have made up their minds not to buy Chinese goods.

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