Business News›Industry›Services›Retail›Traders want local value addition details in products on ecommerce portals
Traders want local value addition details in products on ecommerce portals
Synopsis
CAIT's Praveen Khandelwal was taking a dig at Xiaomi India MD Manu Kumar Jain, who told ET last week that the smartphone market leader was more Indian in spirit than any Indian smartphone company, having made large investments in the past four years under the Make in India scheme.
New Delhi: Traders have urged the government to mandate all e-commerce portals to display the value of Chinese components, along with the country of origin, of every product listed on their websites.A phone priced at Rs 10,000 with imported components costing Rs 8,000 can’t be considered a product made in India, they said at a meeting last week with the Department for Promotion of Industry and Internal Trade headed by commerce minister Piyush
- FONT SIZEAbcSmallAbcMediumAbcLarge
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Get Unlimited Access to The Economic Times
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-
