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Coronavirus hitting China hard; India enjoying the benefits

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Due to the Coronavirus Outbreak in China, the country has come down to a stop where the businesses are shutting down. However, India is in an advantageous position as the exporters are enjoying the new business. Most of the countries are discontinuing their business with China and looking towards India for import and export.

One of the sources said: “The United Kingdom was one of the leading importers of Chinese goods. The country imported hosiery cloth and yarn. Recently when I visited London, many companies showed good interest in imports from India.”

Not only this, but a company from the UK also contacted an Indian exporter for a bulk order of cosmetics, electronics such as TVs and refrigerators, and sanitary items from them. People have no idea on when the situation will improve in China, until then, businessmen are moving towards India for bulk purchases and exports.

According to the company representatives, the stocks of Chinese goods in all these countries are dwindling and for fresh stocks, they are looking up to India now.

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Author at Ludhiana Live Media. Her work combine elements of magic realism, satire and historical fiction – Based in Ludhiana and India.

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