This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
Ritchie street is the grey market or unorganized shopping hub for electronic goods, chiefly from China and Korea, in Chennai, India. The market is centered in Ritchie Street and is spread through the surrounding Narasingapuram Street, Wallers Street, Meeran Sahib Street, Mohammed Hussain Sahib Street, and Guruappa Road, all adjacent to Anna Salai (formerly Mount Road).[1] The street is always crowded, and very little space is available for movement of vehicles or pedestrians. It is also infamous for its sale of illegally copied content like video games and movies and had been listed as a notorious market in 2009 and 2010 by the USTR for selling counterfeit software, media and goods.[2][3]
Ritchie street started as a radio market and then transformed into a market for televisions, computers, mobile phones and laptops. Today, the street has over 2,500 shops employing 15,000 people.[1]
Ritchie Street is credited as the second largest electronic market for computer spares and peripherals in India, after Nehru Place, New Delhi, India.[1] The market has a wide variety of goods ranging from electronics and robotics to LED lighting. The marketplace usually starts buzzing at around 11 am and dwindles at around 10 pm, after which it becomes difficult to find an open shop. This is due to the nature of the customers who visit Ritchie street, who are mostly working professionals and students. People usually get good deals for anything and everything, which is the reason why people flock to Ritchie street to buy goods.
See also
editReferences
edit- ^ a b c Sanjay Vijayakumar, Sangeetha Kandavel (29 June 2017). "Chennai's grey markets remain fuzzy about GST". The Hindu. Chennai. Retrieved 2 July 2017.
- ^ . Special 301 Report. 2009 – via Wikisource.
- ^ . Special 301 Report. 2010 – via Wikisource.
