Friday, Aug 14, 2020 | Last Update : 02:55 PM IST

142nd Day Of Lockdown

Maharashtra54831338184318650 Tamil Nadu3145202563135278 Andhra Pradesh2641421709242378 Karnataka1964941126333511 Delhi1494601343184167 Uttar Pradesh140775887862280 West Bengal98459671202059 Telangana8647563074665 Bihar8274154139450 Gujarat71064542382652 Assam5883842326145 Rajasthan5249738235789 Odisha4592731785321 Haryana4163534781483 Madhya Pradesh3902529020996 Kerala3811424922127 Jammu and Kashmir2489717003472 Punjab2390315319586 Jharkhand185168998177 Chhatisgarh12148880996 Uttarakhand96326134125 Goa871259575 Tripura6161417641 Puducherry5382320187 Manipur3752204411 Himachal Pradesh3371218114 Nagaland30119738 Arunachal Pradesh223115923 Chandigarh1595100425 Meghalaya11154986 Sikkim9105101 Mizoram6203230
  Business   Companies  24 Jun 2020  Boycott China products: CAIT writes to Mukesh Ambani, 50 others, says let's hit back at China economically

Boycott China products: CAIT writes to Mukesh Ambani, 50 others, says let's hit back at China economically

PTI
Published : Jun 24, 2020, 2:18 pm IST
Updated : Jun 24, 2020, 2:18 pm IST

The trader's body expressed hope that Ambani would give a clarion call to promote Indian goods

 Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc. (PTI Photo)
  Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc. (PTI Photo)

New Delhi: Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc including Ratan Tata, Azim Premji, Gautam Adani, Ajay Piramal, Anand Mahindra and Sunil Bharti Mittal seeking their support in its campaign to boycott Chinese goods.

The Confederation of All India Traders (CAIT) also urged Kumar Mangalam Birla, Vikram Kirloskar, Rahul Bajaj, Shiv Nadar, Pallonji Mistry, Uday Kotak, Nusli Wadia, Shashi Ruia, Madhukar Parekh, Harsh Mariwala, Satish Reddy and Pankaj Patel, among other prominent industrialists, to join its "Bhartiya Samaan-Humaara Abhimaan" campaign.

 

The traders' body in the letter to Ambani said "at a time when China's army in the most clandestine manner has committed a barbaric attack on the Indian army at Ladakh border resulting into the brutal killing of 20 brave sons of the country, the heart of every Indian is filled with deep anguish, resentment and abhorrence against the atrocities of the Chinese and their persistent attitude of antagonism towards India".

It said the there is a firm resolve among Indians to hit back at China not only militarily but also economically.

"You and your organisation has always stood firmly in solidarity and support of the nation and this could be a great opportunity for you to show that nothing comes before nation and your support and initiative will surely encourage other Industrialists of the country to follow you in order to make India a self-dependent Bharat," CAIT said to Ambani.

 

The trader's body expressed hope that Ambani would give a clarion call to promote Indian goods.

"Your positive decision could be a big boost for the campaign and a great service to the Soldiers who have laid down their lives for their motherland," CAIT said to Ambani.

CAIT Secretary General Praveen Khandelwal said that being a successful entrepreneur and one of the captains of Indian Industry, it has invited the group of Industrialists led by Ambani to join the movement as a valued partner and sought their support, terming it a "game changing initiative that has the potential to reshape India's journey as a global superpower by reducing China's dominance".

 

CAIT has decided to boycott Chinese Goods in a phased manner and for the first phase it has earmarked "finished goods" from an identified list of about 450 broad categories of products which nearly has more than 3,000 products and those products are already been manufactured in India.

In the meantime, it will be pursuing the government to draw a comprehensive strategy to facilitate Indian Industry, small industry, entrepreneurs, startups and others to evolve and manufacture goods in India pertaining to raw material, spare parts and technology driven goods, which are currently being imported from China.

Tags: confederation of all india traders (cait), reliance industries, mukesh ambani, ratan tata, azim premji, gautam adani, ajay piramal, anand mahindra, sunil bharti mittal, boycott chinese goods
Location: India, Delhi, New Delhi