Chinese lamps and lanterns sold to Waterloo during Diwali, plummeting more than 40%

DS Rawat, secretary general of Assocham, said: During the 2017 Diwali festival, sales of Chinese lighting products, which had been selling well in India, fell 40% to 45%. Sales of Chinese-made electronic products such as mobile phones also declined slightly. The demand for LCD monitors, mobile phones and other electronic products made in China has dropped. The Indian Chamber of Commerce and Industry Assocham (ASDF) has released a survey report showing Chinese decorative products (such as lamps, gifts, wall hangings) during the Diwali this year. Etc.) Sales are likely to decrease by 40%-45% year-on-year. DS Rawat, secretary general of Assocham, said: During the 2017 Diwali festival, sales of Chinese lighting products, which had been selling well in India, fell 40% to 45%. Sales of Chinese-made electronic products such as mobile phones also declined slightly. The demand for LCD monitors, mobile phones and other electronic products made in China has dropped by 15% to 20%. The Chamber of Electronics Industry said that it has established wholesalers, retailers and traders in cities such as Ahmedabad, Bangalore, Bhopal, Chennai, Dehradun, Delhi, Hyderabad, Jaipur, Lucknow and Mumbai. The business exchanged and assessed the demand for Chinese products across India. The value of Chinese goods sold during the Diwali festival in 2016 was approximately Rs 650 crore, of which more than Rs 40 crore was consumed in relation to Diwali, such as toys, high-end lamps, gifts, plastic products and decorations. High-end lamps, lampshades, Ganesha and auspicious goddess Lakshire's idols, blue fruit (Indian colored sand patterns) and firecrackers from China are the most popular in India. But according to the survey, in the 2017 Diwali festival, Indians prefer local products rather than Chinese products. Some sellers said that most Indian customers are asking to buy Indian lamps. The report pointed out that although the market demand for high-end lamps made in China is huge, it is also decreasing. Moreover, due to problems with the quality of Chinese products, sellers are not willing to guarantee any Chinese products sold. Firecrackers made in Tamil Nadu, India, are more popular than Chinese firecrackers.

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