China to suffer losses worth Rs 40,000 crores this Diwali

China to suffer losses worth Rs 40,000 crores this Diwali

Chinese products including lights, toys, electric diyas, electric candles were imported from China every year for the celebration of the festival Diwali. The local sellers used to sell the imported goods to Indians annually on Diwali. This led to huge losses for the local manufacturers.But now, India is going for Aatmanirbhar Bharat. This is why shopkeepers are preferring local goods and products to be sold during Diwali. This will surely give a huge jolt to the Chinese market.