&w=3840&q=100)
₹4,000 for a jhola? Nordstrom's 'designer bag' leaves desis in shock
Nandini Singh New Delhi
What costs ₹100 at a roadside stall in India is now retailing for nearly ₹4,000 abroad—and the internet is not having it.
A traditional Indian jhola, the humble cloth shoulder bag known for its simplicity and thriftiness, has gone viral after appearing on the website of luxury US department store Nordstrom for a jaw-dropping $48 (approximately ₹4,000).
The viral moment began when X user @wordi25 posted a photo of the listing with the caption:
'What in the name of scam is this!! Jhola being sold at a premium department store Nordstrom for $48! I'm a homesick person but even I haven't reached these levels of nostalgia.'
Social media reacts: From memes to marketing plans
The post triggered a meme storm, with users expressing everything from disbelief to entrepreneurial curiosity.
'Somebody should tell Chatak Sweet they need to start charging royalty fees from Nordstrom for this brand infringement,' quipped one user.
Others poked fun at the irony of globalisation:
'The icing on the cake would be if those jholas turn out to be Made in China!'
Then came the business pitches:
'New business idea: Export jholas by the kilo.'
'I should import a ton of Vimal bags from India and sell for £20 a piece.'
Some questioned the economics:
'Do these really get sold? Like, have people left reviews and all?'
Not the first time: Indian basics, Western prices
This isn't the first time everyday Indian staples have popped up overseas with hefty mark-ups.
A Times of India report previously highlighted how common snacks like Maggi noodles, which retail in India for ₹15–₹20, are sold for ₹300 in some UK stores. Biscuits like Good Day and Little Hearts, priced locally at ₹10, have been seen tagged at ₹100 abroad.
A 400g pack of Bhujia that sells for ₹100 in India has reportedly been listed at ₹1,000 in foreign outlets.
The trend doesn't spare fresh produce either—paneer was priced at ₹700 a pack, ladyfinger at ₹650 per kg, and a box of six Alphonso mangoes at an eye-watering ₹2,400.
Harsh Goenka weighs in
Industrialist Harsh Goenka also chimed in on the trend with a tongue-in-cheek observation: NRIs now pay more for a packet of haldi or hing than for a bottle of wine—and get served overpriced butter chicken by chefs 'with faux Italian accents.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Economic Times
19 minutes ago
- Economic Times
India's long-term growth story intact, market outlook constructive: Sumit Bhatnagar
"In terms of sector preferences, we're increasingly positive on the consumption theme. We believe consumption is at an inflection point, driven by improvements in both rural and urban demand. Rural consumption is benefiting from a good monsoon so far, healthy reservoir levels, and higher MSPs. This should lead to a continued pickup in rural economic activity," says Sumit Bhatnagar, Fund Manager, LIC MF. ADVERTISEMENT At present, we consider India to be a safe haven amid global tariff uncertainty. But one thing is certain — Trump's tariff-related moves and the associated uncertainties are likely to continue growing. What is your short- and long-term perspective on the domestic markets? Sumit Bhatnagar: As far as global markets are concerned, we've been witnessing intermittent bouts of volatility, driven by both economic and geopolitical factors. Regarding Trump, this issue has been ongoing for the last two to three months. So, a large part of it is already priced in, barring some short-term surprises that may arise from his announcements related to countries like Mexico or Brazil. However, when it comes to India, the outlook remains positive. Domestically, we are constructive on Indian markets simply because we expect economic activity to pick up. Along with that, we anticipate a corresponding improvement in corporate earnings — supported by lower interest rates, ample liquidity, and valuations that are more or less in the fair zone, especially when looking at the broader indices. From a medium- to long-term perspective, India remains very well-positioned. So, you're strongly backing the India growth story. But having said that, I'd like to know about your sector-specific strategies. There's been a lot of rotation happening — so what's on your radar? Which sectors are the hits and misses for you? Sumit Bhatnagar: In terms of sector preferences, we're increasingly positive on the consumption theme. We believe consumption is at an inflection point, driven by improvements in both rural and urban demand. Rural consumption is benefiting from a good monsoon so far, healthy reservoir levels, and higher MSPs. This should lead to a continued pickup in rural economic activity. Additionally, tax cuts that have already been implemented are expected to play out over the next six to nine months. On top of that, regulatory rollbacks by the RBI for lending institutions, lower interest rates, and ample liquidity should also support consumption growth. ADVERTISEMENT Looking ahead, the upcoming pay commissions will be a key driver as well. The central pay commission is due next year, followed by state pay commissions the year after — together putting nearly ₹3 lakh crore into the hands of consumers. There is also talk of GST rationalisation in the FMCG space, which should provide an incremental of this suggests that after five years of underperformance, FMCG may be at the start of a recovery. While this quarter's numbers may be muted, our outlook for the next two to three years is positive. Accordingly, we've increased our exposure to consumption in our portfolios. ADVERTISEMENT We've just seen the WPI numbers come in at -0.13%, which puts us in deflationary territory for wholesale prices. CPI, too, remains well below the 4% benchmark. In the current scenario — where crude is stable around $70 and the interest rate trajectory is relatively clear — which sectors do you see getting re-rated, and where do you expect de-rating? Sumit Bhatnagar: When it comes to re-rating, we are optimistic about sectors like cement and consumption. In cement, if pricing holds and demand picks up post-monsoon in the second half, we could see earnings improve. As discussed earlier, we also expect a significant pickup in consumption, both rural and urban, in the second half of the two sectors — cement and consumption — are where we foresee meaningful re-rating going forward. ADVERTISEMENT On the other hand, sectors exposed to global dynamics, like IT and metals, could face de-rating. This would be driven by continued global uncertainty and economic weakness in key markets such as the US, China, and Japan — which are critical drivers of demand for commodities like metals. So, those would be the sectors where we see potential for de-rating. (You can now subscribe to our ETMarkets WhatsApp channel)


Business Standard
24 minutes ago
- Business Standard
fixmytax: Ushered a New Age of Seamless and Transparent Tax Filing & Tax Compliances
Mumbai (Maharashtra) [India], July 14: In the digital-first age, one needed to have convenience and transparency as a child, and it is at the very heart of fixmytax, India's first digital tax and financial advisory platform. Founded in 2022 by the well-known Tax Expert & Finance Expert - Dr. Pawan Jaiswal,fixmytax is meant to solve the age-old tax compliance souci with its ever online platform that is secure, inexpensive, and extremely easy to operate. "As we developed fixmytax, our vision was that no Indian should ever feel intimidated by taxation." Dr. Jaiswal maintains; "Every person deserves tools and guidance that are transparent, reliable, and easily accessible." A One-Stop-Shop fixmytax assists individual tax filers and entrepreneurs in fulfilling all heavy taxes: Income Tax Return filing across categories (ITR 1–7) GST Returns TDS & TCS compliances Compliance of Tax Notices (Income Tax & GST) Assistance in filing & arguments of First & Second Appeal (Income Tax & GST) Financial advisory services Unlike other service-providers, fixmytax gives you a real human interaction. Users will interact with experienced professionals by chat, call, or video to make sure that their queries are addressed by qualified experts and not by some chatbot. Clear Pricing and Security Also, the company upholds transparency. All prices are clearly written upfront; there is no place for hidden charges or commissions. fixmytax sticks to strict data privacy laws, with government-grade encryption protecting sensitive information. Building Trust Across India From salaried professionals in Delhi to micro-enterprises in rural Bihar, lakhs of Indians rely uponfixmytax in making their compliance journey smoother. The inclusive platform model ensures that no territory or demographic is left behind. Purpose-Driven Leadership In India, fixmytax stands for empowerment beyond convenience. Dr. Jaiswal, along with Co-Founder Advocate Nidhi Pawan Singh — an ethical & excellent advocate and Advocate Ajit Kumar, specializing in tax litigation, provides a service that stands for ethics and impact on society. The founders are actively involved in initiatives promoting taxation and financial literacy all over India. 'We are not just a tax platform—we are a partner in progress for every Indian household and enterprise,' affirms Dr. Jaiswal. Future Roadmap With the Indian market going more digital, fixmytax is scaling its operations for the digital tax assistance that is fast becoming the need of the hour. Headquarters in Lucknow and Prayagraj respectively, the company is positioning itself as the first choice for hassle-free compliance for individuals and MSMEs.
&w=3840&q=100)

Business Standard
25 minutes ago
- Business Standard
Tesla Model Y launches at ₹60L in India: Here's how much it costs worldwide
Tesla officially launched the Model Y in India at ₹60 lakh after years of lobbying for lower import duties Boris Pradhan New Delhi Tesla has officially introduced the Model Y in India, with prices beginning at ₹60 lakh, according to a pricing catalogue released on its website on Tuesday. Indian customers can choose between two variants: Model Y Rear-Wheel Drive (RWD): ₹60 lakh Model Y Long Range AWD: ₹68 lakh The company is opening its first experience centre in Mumbai's Bandra Kurla Complex (BKC) today, marking its formal entry into the Indian automotive retail market. Retail sales will be conducted through imported units, with five Model Y vehicles already delivered to Mumbai from Tesla's Shanghai facility. What the Tesla Model Y costs in other countries Here is how the Model Y pricing compares globally (converted to USD where applicable): United States - Rear-Wheel Drive: $44,990 (before any federal tax credits) - Long Range AWD: $46,630 (MSRP) Eligible buyers may receive a $7,500 federal EV tax credit. China - Rear-Wheel Drive: ¥263,500 ($36,430) - Long Range AWD: ¥313,000 ($43,270) Dubai - Rear-Wheel Drive: AED 198,170 ($54,000) - Long Range AWD: AED 239,770 ($65,000) Japan Pricing is approximately ¥5 million ($37,000) Germany Long Range AWD: €45,970 ($50,925) France Tesla has not released a specific price, though it typically aligns with Germany Canada Import duties push prices 10–15 per cent higher than in the US Estimated at CAD 55,000 to 60,000 ($40,000 to $44,000) Brazil Tesla has not officially launched the Model Y in Brazil These prices exclude destination charges, local taxes, registration fees, and incentives, which vary by market. Global pricing could pose a challenge in India The wide pricing gap between India and other key markets may make the Model Y a tough sell in price-sensitive segments. The starting price in India is significantly higher than in China or North America, largely due to import duties and shipping costs. Tesla's strategy will likely depend on how consumers respond to the premium and whether localisation moves forward. Tesla store opens in Mumbai's BKC The electric vehicle manufacturer secured the lease for its Mumbai location in March and has since ramped up hiring while exploring additional sites in New Delhi. Tesla's entry into India has been years in the making, with the company—led by Elon Musk—repeatedly calling for lower import duties. While retail operations are now underway, reports suggest Tesla is currently 'not keen' on producing components domestically.