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Sales of Chinese electronic goods have declined
March 12, 2020
Sales of electronic goods from China has reduced to the outbreak of virus. Sales of electronic products and mobile devices has fallen in last few months.
Turnover of the sellers from the consumer business is around ₹ 30,000 crore.
Praveen Khandelwal, secretary general of the Confederation of ALL India Traders, told ET, “In last two months IT sector has seen a huge loss of ₹ 1,000 crore. Consumers worry about getting infected by virus and that’s why the sales of electronic goods have gone down in India”.
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