Sunday, May 31, 2020

CAIT STANDS IN SOLIDARITY WITH SONAM WANGCHUK’S BOYCOTT CHINESE GOODS CAMPAIGN



The Confederation of All India Traders (CAIT) today said that the seven crore traders of India stand in solidarity with the Ladakh based educational reformer and visionary Sonam Wangchuk who has urged countrymen to boycott Chinese goods and hurt China with “Wallet Power” apart from “bullet power”. The CAIT while extending its unflinching support to the campaign has said that it has identified about 3000 products which were being imported from China so far and the CAIT will now run a national campaign to boycott imports of these products from China rather more emphasis will be laid on usage of indiginous products by the people of India. The CAIT said that upcoming Diwali this year will be a " Hindustani Diwali" this year in its true letter and spirit. The CAIT campaign for boycott chinese goods will strengthen the clarion call of Prime Minister Shri Narendra Modi for " Local Pe Vocal".

CAIT President BC Bhartia and Secretary General Praveen Khandelwal said that the CAIT has been running a nationwide campaign among Indian traders for the last five years to boycott Chinese goods as much as possible and start selling Indian goods. Even last year after the Pulwama Attack when China was supporting Pakistan, the CAIT launched a nationwide successful agitation to burn Chinese goods on the festival of Holi across 200 cities of India. Now when Mr Sonam Wangchuk has made a fresh appeal due to the frequent aggression by the Chinese on the borders of Ladakh, "the whole country understands the importance of hurting China economically and therefore we wholeheartedly welcome this great initiative and will stand shoulder to shoulder with Sonam Wangchuk"-said the two leaders.

Both Mr. Bhartia & Mr. Khandelwal said that India has mainly three types of imports from China i.e. finished goods, raw material & spare parts for assembly of finished goods in India. In the first phase, the CAIT has identified about 3000 categories of heavily imported finished Chinese products which must  immediately be replaced by Indian products as good quality Indian replacements are available for such products. They said that CAIT will educate all traders and the people across the country to stop importing and selling these products. Soon after more products will be verified and added to the list.

However, the CAIT has also appealed to Indian manufacturers to get their acts together and gear up to shoulder the responsibility. The role of Indian manufacturers is very significant to successfully run this campaign because at no point of time should there be any shortage of products in the market and the consumers of India should not suffer due to such scarcity. The CAIT has assured full support to Indian manufacturers to work closely to promote Indian products and urge sellers to work more with Indian manufacturers.

Both leaders have also urged the Govt to further promote “ Make In India” and ensure Ease of Doing Business through the “AatmanirbharBharat Mission”. The CAIT firmly stands with the Prime Minister Narendra Modi and will wholeheartedly promote the “ Vocal for Local” initiative of the PM which will not only add a lot of impetus to the Boycott Chinese Goods campaign but also pave way for a 5 Trillion Economy.