As the Coronavirus outbreak continues to spook international trade, it is likely to dampen Holi celebrations as prices of sprinklers and water guns are expected to rise by up to 20 per cent because of lack of supply from China. According to the industry, India imports 90 per cent of Holi related water toys from China.
While large distributors had already placed their orders in advance in November, much before the virus outbreak, it is the small traders whose sales would suffer more. “Manufacturers are planning to increase the price of products by 15-20 per cent as demand is more

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