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Reassessment of the market needed to harness opportunities

Written by: Staff

Gangtok, July 5 (UNI) A reassessment of the market situation is needed to recognise and harness the opportunities generated by reopening of the Nathu La trade route, Motilal Lakhotia, a leading businessman of Gangtok said.

The eighty-year-old business tycoon who had a roaring business in Tibet from 1954-61 under the banner of Sikkim Tibet Company said the reassessment was needed to judge the requirements of the Tibetans as there was a vast difference between Tibet now and Tibet then.

Tibet, he said, had undergone sea change over the last few years.

It is now well connected by air and rail and a number of star hotels have come up. Cities like Lhasa and Gyanste offer facilities matching with those available in any metropolitian city of India.

Mr Lakhotia said the items selected for trading might not be in demand now and reassessment of the market could only give a clear picture about it.

If needed we would also request the government to include some more items in the list for trading but it would take time, he said.

Mr Lakhotia said in the present scenario the trade through Nathu La pass would benefit only the small traders dealing in grocery and vegetables.

The businessman who now runs movie halls, hotels and deals in automobiles in Gangtok, Siliguri, Malda and Kolkata with his four sons said at present the big traders do not have much role to play.


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