Kerala’s Madness for ‘Made in China’
More than 250 Kerala businessmen are already at the Canton Fair of Guangzhoiu, the Chinese town where the Fair is held twice a year, to source the products
Kerala imported 11,383 containers of Chinese products during 2012. In terms of tonnage it was 2.1 lakh tons. This year so far 1.7 lakh tons have been imported which means this year’s importation would be much more than last year’s. The import growth rate is 30 per cent per annum.
Last year’s import covered 540 products and this year it has already rose to 573.
More than 250 Kerala businessmen are already at the Canton Fair of Guangzhoiu, the Chinese town where the Fair is held twice a year, to source the products. Easy visa rules and cheap priced products make China a favoured destination for Kerala businessmen.