India-Forums

   

Chinese-made Hindu gods rule Indian markets

New Delhi, Oct 22 (IANS) Chinese-made idols of Hindu gods and goddesses are flooding Indian markets, especially during festivals like Diwali, Durga Puja and Ganesh Chaturthi, raking up a lot of moolah. On top of their neat and shiny appearance, consumers find the price tag just right.

Sunday, October 22, 2006 | 7:54:26 AM IST (+05:30 GMT)
 0 Comments | By

New Delhi, Oct 22 (IANS) Chinese-made idols of Hindu gods and goddesses are flooding Indian markets, especially during festivals like Diwali, Durga Puja and Ganesh Chaturthi, raking up a lot of moolah. On top of their neat and shiny appearance, consumers find the price tag just right.

The demand for them is soaring, mainly because they are considered the best choice for decoration if not for immersion in ponds and lakes. And what began as a trickle some years ago has now become a flood.

'The demand has grown exponentially since last year and people are finding it more attractive than the Indian-made idols,' Sharad Goyal of Kriti Creations, a shop in south Delhi's Khan Market, told IANS.

In the last one week the shop has sold more than 50-60 idols of Ganesha and Lakshmi, which Goyal says has meant an increase of 30 percent in profits from a year ago.

Across the city, depending on their size, raw materials used and markets one goes to, the price of a pair of Ganesha and Lakshmi ranges from Rs.40 to as high as Rs.2,000.

'Most of them illegally enter the Indian market, thanks to a strong network and distribution channel,' said Bikky Khosla, chief executive of tradeindia.com, a leading B2B portal.

'The idol making industry is a huge market. So it is quite natural for Chinese businessmen to take advantage of this tremendous money-making potential,' Khosla stressed.

The usual practice of Chinese manufacturers is to send an expert team to study the Indian market and understand the current trends, especially during the festive season. Armed with the knowledge, they produce in China in bulk what the Indians are looking for, with slight innovations and export them through various channels to this country with a cheaper price tag.

The figurines are made of papier mache, fibre glass and porcelain. All the idols are machine made, in contrast to the Indian counterparts that are more often than not hand crafted.

Said Arpana Singh, a young housewife: 'The Chinese-made goods are much neater and shinier as they are moulded. People often prefer them as they are cheap and good for decorative purposes. But they are of doubtful quality.'

Khosla said: 'This huge influx of Chinese goods have killed almost 60 percent of our cottage industry. However, in this age of globalisation we cannot run away from these issues but we need to empower our artisans and give them proper training.'

The fact that a Communist nation that has no organized religion has no compunction about making Hindu gods to further business prospects is typical of the pragmatism that governs its economic philosophy and has made it one of the world's top trading nations. .

Chinese-made firecrackers, lights and toys have flooded the Indian market for the past few years and the gods could not have been far behind once they realized that there is money to be made from the vast untapped consumer market beyond the high-end white goods and luxury products.

T.S. Vishwanath, a China expert of the Confederation of Indian Industry (CII), told IANS: 'Communism or atheism has nothing to do with it. There is a huge market opportunity they are taking advantage of. They did the same thing with silk saris. They have well-planned channels to market their products.'

Echoes Sunil Sinha, a senior economist at CRISIL: 'China is our th

Copyright : Indo-Asian News Service
User Rating Rating(0 Votes)

Share On :

Share on Facebook Share on Twitter Share on Google+ Share on WhatsApp

To stay updated with similiar articles follow


User Comments & Ratings

Join India Forums for free to comment on this story. Have an account already? Use Quick Login to comment.
Dear Readers,
  • Please do not use derogatory comments in reply to the stories published on Telly Buzz, India-Forums.
  • The credibility of the site matter to us, and the comments in bad taste tend to invariably hurt the actors/production house/channel etc.
  • So kindly, refrain from creating an unhealthy atmosphere for all, and keep your comments constructive.
  • Also, please use the Rate It button if you want to just thank the author for posting the story.

Articles in National, Business, Religion

Art - Culture Business Diaspora
Education Health Politics
Religion Sports Sci-Tech
Travel

AROUND THE WORLD NOW

Asia America Australia
Africa Europe Gulf-Middle East
Pakistan Nepal Bhutan
Sri Lanka Bangladesh Maldives

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.

Popular Channels :
Star Plus | Zee TV | Sony TV | Colors TV | SAB TV | Life OK

Quick Links :
Top 100 TV Celebrities | Top 100 Bollywood Celebs | About Us | Contact Us | Advertise | Forum Index