🕵️♂️🏴☠️ The growing grey market in India is causing significant harm to legitimate businesses and consumers. Over 25,000 smartphones are sold in the grey market, most of which come routed through #ecommercebusiness by hawkers, aggregators, and wholesalers in Jharkhand alone, and over 20 lakhs phones monthly in India. This amounts to a staggering Rs. 36000 Crore per annum and more.🛒🔄 🛍️
😵💸📉 This illegal trade not only leads to a loss of revenue for legitimate businesses but also puts consumers at risk of purchasing counterfeit, substandard, or stolen mobiles with zero invoice. The government must take action to address this issue and protect the interests of legitimate businesses and consumers.
The sale of products in the grey market not only undermines the market's integrity but also affects the overall #economy. The government must implement stringent measures to crack down on this illegal trade and ensure it can operate in a fair and competitive market.📈💰🌐
Let's join hands in addressing this pressing issue and advocating for the government to take the necessary steps to curb the growing grey market in India.👮♂️🚫🔒
#GreyMarket #अवैधव्यापार #IllegalTrade #ConsumerProtection #LegitimateBusinesses #GovernmentAction
#GreyMarketMenace #GovtVsGreyMarket #SayNoToIllegalTrade #ConsumerRights
@gstindiacom@GST_Council@IncomeTaxIndia@FinMinIndia@cbic_india@nsitharaman@PiyushGoyal@jagograhakjago@rohitksingh@CAITIndia@cwbtaofficial1@ICEA_India@PTI_News@DainikBhaskar@JagranNews@prabhatkhabar@EconomicTimes@TOIIndiaNews@Reuters@moneycontrolcom@FinancialXpress@CNBC
Mostly available in Grey Market, phones are
@IndiaPOCO@IqooInd@OnePlus_IN@Apple@motorolaindia
Let's work together to tackle this issue and create a fair and competitive market for all businesses and consumers.
ज्योति जगी है श्रद्धा की, मनाओ दिवाली,
युगों युगों की अर्ज हमारी, मनाओ दिवाली!
रघुकुल नंदन पधारे अवध धाम, मनाओ दिवाली,
ज्योति जगी है श्रद्धा की,आई दीपावली 'राम' नाम की!🪔🎇🪔
।। जय श्री राम ।।🙏
श्रीराम मंदिर प्राण प्रतिष्ठा 22 जनवरी 2024 के गौरवपूर्ण अवसर की हार्दिक शुभकामनाएं।🚩🛕
As the flames 🪔 dance in reverence and the mantras resonate in unison, the Pran Pratishtha at Shri Ram Mandir becomes a celestial celebration of timeless spirituality.
Let the light 🪔 of faith be awakened.
Hearty ❤️ greetings on the glorious occasion of Shri Ram Mandir Pran Pratistha on 22 Jan 2024.
🚩🛕
Jai Shri Ram ..🙏🪔🎇🪔
#ShriRamMandirPranPratistha
#PranPratistha
#AyodhyaSriRamMandir
#AyodhyaSriRamTemple
@narendramodi@AmitShah@nsitharaman@PiyushGoyal@myogiadityanath @visit_rammandir
@tourismgoi@uptourismgov@UPGovt@Uppolice@BJP4India@RSSorg@epanchjanya
Celebrating the inspiring life and teachings of Guru Gobind Singh Ji on his Jayanti. May his wisdom and courage continue to guide us towards righteousness and unity. 🎉🙏🏽
#GuruGobindSinghJayanti#Inspiration
📱Today, AIMRA Jharkhand had productive meetings with the heads of top brands like @SamsungMobile, @oppo, and @realmeIndia. These regular bi-monthly meetings provide a platform to discuss challenges, find innovative solutions, and build strong relationships to ensure business growth.
During the discussions, the focus was on enhancing the consumer experience and addressing the challenges faced by both Brands and Retailers. It was exciting to learn about the much-awaited flagship products that will soon be available in the market. #Samsung is set to launch the first AI phone, #OPPO is introducing the Reno 11 Series phone, and #Realme is gearing up for the 12 Series Phone launch. Additionally, Xiaomi recently launched their stunning Super Note 13 Series phones at the beginning of this month.
Stay tuned for these exciting launches in the next two weeks! Let's continue to work together to provide the best products and experiences for our customers.
#AIMRAJharkhand #BrandMeetings #FlagshipLaunches #ConsumerExperience #RetailGrowth 📱
🔗 AIMRA #Jharkhand had a productive digital meeting with @Bajaj_Finserv to discuss the challenges #retailers face in the state. Mr. Rohit Sabat and Mr. Manoj from Bajaj addressed the issues and shared insights on how the brand is working to support retailers in the current market.
Consumers are increasingly interested in purchasing the latest smartphones. BajajFinserv's finance options, easy process, zero down payment, and on-the-spot delivery make this more accessible. However, there are also challenges, such as cross-selling, cash funding practices, and #DBD charges, that are impacting retailers.💥🔨
We believe that brands like BajajFinserv have the potential to address these issues and take honest responsibility. Financers must take a transparent and fair approach to support retailers in dealing with these challenges.🤞🏻🔍📝
Let's work towards finding practical solutions together! 🤝🤔🔄
#AIMRA #RetailChallenges #BajajFinserv #RetailSupport #FinanceOptions #Retailers #DigitalMeeting #CashFunding #CrossSelling
@sanjivrbajaj@Bajaj_Finance@LakhyaniKailash
It was an exciting and energising meeting with the @AimraHaryana core team and the National Team @AimraIndia!
🔥 Discussed future initiatives for retail growth expansions and escalation of the most burning issues of year-long pending claims, product shortages, low margin, and frequent distributor change in @Oneplus_IN. These problems have created a trust deficit in mainline retail.
They have discussed the #Banks & #NBFCs financing challenges that are high MDR & DBD charges, cross sales of insurance products without paying commissions & delayed settlements in @PineLabs.⏳💸
The team raised concerns over @Samsung's #Upgrade offer engaging in consumer data collection and delayed settlement, blocking the rotation & possible statutory liability in case of physical transaction of the phones. 🛒📊📦
Demand for 50% Demo billing with Price protection from all the leading brands for the best #consumer experience in Mainline, like @Xiaomi, started on Jan 1st, 2024.📱
Together, we're committed to fostering a fair and transparent ecosystem! 💼🤝
#RetailRevolution #TogetherForEver
@Apple@Vivo_India@OPPOIndia@oneplus@realmeIndia@XiaomiIndia@Bajaj_Finserv@TVSCredit@IDFCFIRSTBank@PineLabs@Paytm@HDFC_Bank@ICICIBank@hdbfsl
The illustrious Haryana state leaders recently conducted a high-level meeting with NTA to address the various challenges that retailers in the state face. The discussion centred around some critical issues such as Non-GST Credit Notes, distributors coercing retailers to issue fake invoices to facilitate GST CN in some brands, and the lack of distributors in Haryana for @IndiaPOCO, which results in a modus operandi to use the grey channel. The conversation also touched upon the issue of @iqooindia's cartel with online platforms and creating a monopoly in online retail, thereby exploiting consumers. Furthermore, challenges faced by @OPPOIndia such as price disparities, @OnePlus_IN's delayed claim settlements and poor supplies, @Vivo_India's T2 Series and V27 shortages in Haryana, @SamsungIndia's biased support to e-commerce, fake upgrades blocking rotation, and @realmeIndia's inadequate supplies and false commitments by employees were discussed. The Haryana state team is now determined to connect physically with all the brands to expedite the process of finding practical solutions to these challenges and create a thriving business environment in the state.
"Alas, @SamsungIndia@SamsungMobile@Samsung@amazonIN continue to deceive consumers with falsified or inflated ratings. How can it be that the newly launched Galaxy M14 5G, which arrived on April 2023, has acquired an identical 26,443 reviews as its predecessor M13 5G? It's high time to put a stop to such unscrupulous practices and prioritize the well-being of consumers. @rohitksingh @praveendel
@OnePlus_IN retail disruptive, biased offers on e-com & Exclusive stores are centred on damaging the retail in India, depicting the Chinese mentality like Arunachal Pradesh. @PiyushGoyal@DPIITGoI, please, intervene & stop Chinese brands from damaging the country's economy.
@SamsungIndia is directing customers to their e-commerce site, https://t.co/4obMnn23WR, to redeem the offers for products bought from retail stores. This practice breaches trust & must stop.@Samsung should refrain from engaging in such unethical & unfair practices. @rohitksingh
@PiyushGoyal जी,यह सुनिश्चित हो कि #MakeInIndia मोबाइल फ़ोन की 80% आपूर्ति भारतीय रिटेलरों द्वारा हो अन्यथा रिटेलरों की दुकानों पर हमेशा के लिए ताला लग जाएगा,क्यूँ कि क़ानूनी ख़ामियों के सहारे ये चाइनीज़ ब्रांड व्यवस्था से खिलवाड़ कर मात्र विदेशी ईकॉमर्स को प्रार्थमिकता देती हैं!
@PiyushGoyal जी,यह सुनिश्चित हो कि #MakeInIndia मोबाइल फ़ोन की 80% आपूर्ति भारतीय रिटेलरों द्वारा हो अन्यथा रिटेलरों की दुकानों पर हमेशा के लिए ताला लग जाएगा,क्यूँ कि क़ानूनी ख़ामियों के सहारे ये चाइनीज़ ब्रांड व्यवस्था से खिलवाड़ कर मात्र विदेशी ईकॉमर्स को प्रार्थमिकता देती हैं!
@PiyushGoyal Ji Make in India products preference should be given to Indian domestic retailers else they will vanish, mobile phone Chinese brands are playing with the loopholes in the system, Make a policy for 80% stock allocation to Indian retailers. @DPIITGoI@CimGOI@minmsme
Domestic retailers must get the 80% of newly launched stocks, We are capable to serve our customers better than other channels. urgent intervention of @PMOIndia
@PiyushGoyal Ji Make in India products preference should be given to Indian domestic retailers else they will vanish, mobile phone Chinese brands are playing with the loopholes in the system, Make a policy for 80% stock allocation to Indian retailers. @DPIITGoI@CimGOI@minmsme