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Sunday, January 27, 2008

Americans prefer Indian products over Chinese, says Fortune magazine

A majority of Americans are not averse to purchasing made-in-India products, but opposite is the case for those made in China, according to a new survey conducted by renowned U.S.-based business magazine Fortune.

In the wake of some of the American companies, including toymaker Mattel, recalling products they sourced from China due to high lead content, nearly three in five (57 per cent) of the U.S. citizens surveyed by Fortune said they were “less likely to buy a product if it is made in China.”

However, as much as 52 per cent of the survey respondents said such an incident would not affect their purchasing decision if the product is made in India.

In the survey, only 35 per cent of Americans said they were “less likely” to purchase a product manufactured in India, while 11 per cent said they were “more likely” to buy such goods.

For China-made products, 11 per cent people said they were “more likely” to buy these products, while 30 per cent said it did not matter to them whether goods were exported from China.

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