With a population of more than 1.4 billion people, India is a large market for American consumer goods, which are often purchased through online retailer Amazon.com.
In his latest speech yesterday, Indian Prime Minister Narendra Modi once again called on the people of this country to reduce consumption of foreign goods and increase the use of domestic goods. Besides, Mr. Modi also called on shop owners to focus on "Made in India" products.
The Indian Prime Minister's calls come as relations between India and the US are undergoing many fluctuations, from the US's 50% tariff on Indian goods, and most recently the increase in H1B visa fees - the type of visa that many Indian workers are using to live and work in the US. The new fee of up to 100,000 USD for each new visa is expected to have many impacts on the Indian labor market and economy .
In recent weeks, many companies have stepped up their promotion of domestic products. After US President Donald Trump imposed a 50% tariff on Indian imports, Mr. Modi repeatedly urged people to use “Swadeshi,” or made-in-India goods. His supporters have launched campaigns to boycott American brands, including McDonald’s, Pepsi, and Apple, which are popular in India.
With a population of more than 1.4 billion, India is a huge market for American consumer goods, often purchased through online retailer Amazon.com. Over the years, the reach of American brands has spread even to small towns in the South Asian nation.
Source: https://vtv.vn/thu-tuong-an-do-keu-goi-dung-hang-noi-dia-100250923184718403.htm
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