In Mumbai, India there is a secret market which opens for the last several years at 4 a.m. and in a short time the traders do the business in millions. Here you can buy branded goods at a very low price.
This market seems to be found in Kamathipura area of Mumbai. The market starts at 4 a.m. in the morning and closes at 8 a.m. It is said that this market started in 1950. In the initial period, the market used to be on Friday only, but now the market starts on Friday and Thursday.
According to some media reports, goods come in bulk from the small factory in Mumbai. It can be acquired here at a low price. Some merchant buy defective goods from the branded companies , which are repaired and sold at half price.
According to the media report, Nike’s price of Airmax 2014 sports running shoe is around Rs 8,000 in the market, it gets in about 1500 rupees in this street. While the leather boot of cat Company, whose real value is 8 thousand rupees, can also be bought here from around 800 rupees.
It is believed that there is a Rs. 15 to 20 crores business in a day. Businessmen of small towns come here to buy goods at a very low cost.