consumer goods

This four-month period also brings in a bulk of yearly sales for consumer goods companies such as packaged food makers and apparel manufacturers.

This was despite an agreement that protected the brand's social mission when it merged with the consumer goods giant 25 years ago, he said.

That's because US imports from China are worth five times as much as those from India, and a lot more of those imports are consumer goods such as toys, clothes and electronics.

Godrej Industries Group, the buyer of the jewels, serves over 1.1 billion consumers worldwide across sectors including consumer goods, real estate, agriculture, finance, and chemicals, according to its website.

Pharmaceutical products were hit and imports of most consumer goods also fell, including cell phones, artwork, furniture, toys and apparel.