B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
40%
40% -- sales decline rate for Chinese goods sold during Diwali in India (2017)
The sale of Chinese products in India was projected to decline by 40-45% during Diwali 2017 compared to the previous year.
- Estimate based on a quick survey of wholesalers, retailers, and traders in 10 Indian cities
- Reported as a projected range of 40-45%
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
40%
Unit
Percentage
Data Vintage
2017
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
ASSOCHAM-Social Development Foundation (ASDF)
Primary
Tier A
http://www.assocham.org/newsdetail.php?id=6525 ↗
Source Article
Sale of Chinese goods may drop 45% this Diwali; India to Celebrate a Make in India Diwali: ASSOCHAM
The Associated Chambers of Commerce & Industry of India
"The Knowledge Chamber: Serving the Nation since 1920"
|
Monday, October 09, 2017 |
New Delhi, October 9, 2017: Be it decorative items like lights, gift items, lamps and wall hangings or other product, the sale of Chinese products may decline b…
Original Research
ASSOCHAM-Social Development Foundation (ASDF)
· Original study ↗
Methodology
ASSOCHAM quick survey of wholesalers, retailers, traders in 10 Indian cities; range 40-45%, midpoint used
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Chinese goods sold during Diwali in India: 40% sales decline rate. Source: ASSOCHAM-Social Development Foundation (ASDF) (2017). Via Lighthouse Intelligence -- https://lighthousedata.io/data/chinese-goods-diwali-sales-decline-2017
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<blockquote cite="https://lighthousedata.io/data/chinese-goods-diwali-sales-decline-2017" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>40%</strong> -- sales decline rate for Chinese goods sold during Diwali in India<br><small>Source: ASSOCHAM-Social Development Foundation (ASDF) (2017) · <a href="https://lighthousedata.io/data/chinese-goods-diwali-sales-decline-2017" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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