TODAY -
Business booms beyond borders
Times of India | Pranjal Baruah | TNN | Sep 10, 2012, 03.24AM IST
The small border town of Moreh in Manipur's Chandel district is known as a paradise for traders operating along the borders of India and Myanmar. In fact, the locals expand the town's name as 'Millions of Rupees Enter Here', indicative of the large volume of trade underway at Moreh on a regular basis.
Targetting these huge transactions, China has virtually invaded Moreh's Namphalong bazaar, located right on the road that demarcates the international boundary between India and Myanmar. Using Myanmarese vendors to sell its products here, the neighbouring country has flooded Namphalong with all kinds of products which Indian buyers are lapping up. Be it toys, mobile phones, home appliances, beauty products, chocolates and even cigarettes, most of the products available at the market are made in China.
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* This Post is uploaded on September 10, 2012
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