Indian Prime Minister Narendra Modi, in a public address on Sunday, urged citizens to stop purchasing foreign-made products and instead opt for local ones, promoting a self-reliant campaign amid strained trade relations with the United States.
Following the imposition of a 50% tariff on imported Indian goods by U.S. President Donald Trump, Modi has been advocating for the use of "Swadeshi," or made-in-India goods. His supporters have launched campaigns to boycott popular American brands such as McDonald's, Pepsi, and Apple, which have a strong presence in India.
“A lot of products we use daily are foreign-made, we just don’t realise it... we must eliminate them,” Modi said in his address, ahead of the implementation of widespread consumer tax cuts on Monday. “We should buy products made in India,” he added, without naming any specific country.
India's population of 1.4 billion is a significant market for American consumer goods, often purchased through U.S. online retailer Amazon. Over the years, American brands have expanded their reach into smaller towns across the country.
Modi also encouraged shopkeepers to prioritise the sale of made-in-India products, arguing that this would contribute to the country’s economic growth.
In recent weeks, many companies have ramped up efforts to promote local goods. India’s Commerce Minister Piyush Goyal is expected to visit Washington soon for trade discussions, a visit aimed at easing the ongoing strain in bilateral relations.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its ...
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Armenia's efforts to move closer to the European Union have gained political momentum in Yerevan, but the c...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
The United States has formally removed Syria from its list of state sponsors of terrorism, ending a designation that had been in place for nearly five decades and marking a major step in Washington's efforts to rebuild relations with the country's new leadership.
The Trump administration has announced plans to revoke the temporary visitor visas of foreign nationals who entered the United States on tourist or business visas and later sought asylum, marking the latest expansion of Washington's immigration enforcement policies.
At least 47 people were killed when armed gangs launched a deadly overnight assault on the Haitian town of Kenscoff, underscoring the worsening security crisis that continues to grip areas surrounding the capital, Port-au-Prince.
The U.S. Supreme Court has allowed President Donald Trump's administration to move forward with parts of an executive order aimed at tightening rules around mail-in voting, marking a significant legal victory for the White House ahead of November's midterm elections.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment