Preview

Comparative Study on India and China

Satisfactory Essays
Open Document
Open Document
402 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Comparative Study on India and China
INDIAN SMALL SCALE INDUSTRIES V/S CHINA SMALL SCALE INDUSTRIES

Summary

India and China both are Asian countries and are neighbors.

Both has the population over billions and are suffering with more or less the same problems related to social, political or economic issues.

Both have the capability to become the superpower and both the countries want to become the dear one in the eye of the western countries.

With all these and many more similarities there is one more truth which is not hidden from any one of us and that is our domestic market which remains flooded with the Chinese cheap stuffs.

This project aims at drawing an attention of Indians towards how Chinese items are slowly capturing Indian market and its adverse effect on the Indian small scale industries.

Synopsis

➢ Introduction of China

➢ Political environment in China

➢ Business and Manufacturing Strategy of China

➢ Cost leadership strategy of China

➢ Taxes, Rules and Regulations in China

➢ Conclusion

➢ Introduction of Indian small scale industries

➢ Political environment in India

➢ Taxes, Rules and Regulations in India

➢ Threat faced by Small scale industries in India

➢ Suggestion and recommendation for Small scale industries in India to become competitive.

Introduction of China

Thirty years ago, China had a tiny footprint on the global economy and little influence outside its borders.

Today, the country is a remarkable economic power: the world’s manufacturing workshop, its foremost financier, a leading investor across the globe from Africa to Latin America, and, increasingly, a major source of research and development.

It has the largest market in terms of population-wise which every company in the world crazes to command. It is also the country which has got the reputation of being the cheapest manufacturing base in the world, highly skilled and cheap labour and products which, riding on the

You May Also Find These Documents Helpful

  • Good Essays

    Geb 1

    • 749 Words
    • 3 Pages

    “The four factors that determined current modern economy are land, labor, energy, and capital. These are also the four factors of production.” (Hill, 2011) Over the last 30 years, national economies shifted far from what they use to be. National economies use to be relatively self-contained entities, isolated by barriers to trade and investment, with differences in government regulation, culture, and business systems. Now it has shifted toward a world where barriers to trade and investment are declining, cultures are converging, and national economies are merging into an integrated, interdependent global economic system. “Today, there are more than $3 trillion dollars in foreign exchange transactions taking place everyday as well as over $12 million dollars of goods and $3 trillion dollars worth of being sold across the boarders.” (Hill, 2011) Places like the United States use to be the dominant country but now because China and Japan are becoming so successful, The dominance of the United States has diminished.…

    • 749 Words
    • 3 Pages
    Good Essays
  • Good Essays

    When analyzing cultural traditions and innovations, economic relationships, and social classifications and expectations during/between the periods of classical China and classical India. Classical China lasted from 2000 B.C.E - 600 C.E, while classical India lasted from 600 B.C.E – 600 C.E. There are quite a few similarities and differences between these two civilizations. With regards to cultural traditions and innovations both developed similar technologies in their period. Spoken language was introduced in China during the Zhou Dynasty. Also in India, Sanskrit was the language of educated people.. India and China were similar as agricultural societies. Both civilizations relied on a large peasant class, organized in tight villages with much mutual cooperation. Both societies had a caste system where the citizens were ranked. This caste system organized into special groups that determined everything from your job, to your political rights, to your religious beliefs, and who you would marry. Lastly, social classifications and expectations played a big role in China and India, and how they treated women. China and India differed in their treatment because in India (patriarchal society), women were to treat men almost as Gods. In China, Confucianism had important implications for women, recommending their good treatment, but in the context they were still inferior to men.…

    • 749 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The foundations were set for these two Classical developing empires: China, separated from other developing empires and India, supported by them. While both Classical China and India had hierarchy’s based on agriculture and organized patriarchal societies, India developed multiple institutions, such as language, while China developed one united dialect.…

    • 713 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Classical India and China

    • 1106 Words
    • 5 Pages

    Women’s rights deteriorated after the Vedic period (1600-800 BCE). No one has been able to prove why this happened. Scholarly interest has focused on women’s exclusion from performing Hindu rituals, which was in effect by 500 BCE…Julia Leslie thinks that women’s exclusion resulted from intentional mistranslation of the Vedas by male scholars, as the rituals became more complicated and as the requirement for property ownership was more rigorously enforced at a time when women could not own property.…

    • 1106 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    They are also both free countries. Now lets dive into some differences between these two successful and powerful countries.…

    • 614 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    | As the dynasties changed, so did the syle of leadership. For example, Qin stressed central authority wgereas the Han expanded the powers od the bureaucracy…

    • 581 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The hierarchy of ancient China and India were similar with a noticeable sign of select individuals being considered “higher” than others. The caste system was strict in India and prohibited other classes from interacting with each other. China’s social system differed from India’s caste system, by not demonstrating a formal and strict social ladder. Where in India there existed over three hundred sub castes at one point, China had a simple three caste social ladder. Although the Chinese did not have as strong of a social ladder, there still existed “higher” people such as the bureaucrats. Bureaucrats and landowners were considered to be of a higher class then peasants, farmers, and merchants. Patriarchy was a very big factor in culture and social order in China and India. India’s strict caste system led to a more “flexible” and popular religion known as Hinduism. Many Indians preferred this religion over Buddhism, which the Chinese practiced, because the brahmans or priests strongly influenced the population. Brahmans and many other Indians did not like the idea of any being of any caste level achieving “peace” by their efforts, which Buddhism taught. The Chinese believed in Buddhism and reaching nirvana by finding peace within. A major difference between Indian and Chinese culture was that Indians lived to die and reincarnate to a better caste level and eventually reaching the gods, whereas the Chinese lived a good life with no rituals necessary to find nirvana. Although the Chinese and Indian culture was very different, both races strived and lived in balance to find their gift in the…

    • 266 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Have you ever thought about how political or social beliefs have affected China and India? The answer is most likely no because that is not what everyone is always thinking about. Most would think that beliefs did not affect a region, when it really had a major influence on whether it would be one to follow or not. That is what a majority of people thought when they decided which belief system was better to follow. India and China both had many systems and processes that led to their success and downfalls from 600 BCE to 600 CE, India led a region that believed in the afterlife and China led an integrated and centralized region.…

    • 713 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    China’s influence in the world economy was minimal until the late 1980’s but we are now seeing China being one of the most independent countries and leading the manufacturing producing market. China started with a fragile economy with minimal infrastructure from frequent revolutions and invasions in 1949. In the early 1980’s, China’s economy was still extremely weak as a result of its inward looking government system of a socialist planned economy under the Mao government. This resulted in living standards below world averages and economic growth at nearly zero. China has risen from the edge of economic obscurity to lead the world in terms of economic growth, and this is done is just over a quarter of a decade. The People’s Republic of China has transformed from a planned economy into a socialist market economy and is now the world’s second largest economy to the USA being number one, by nominal GDP at $7.3 trillion and by purchasing power parity (PPP). “Pay attention to what’s going on in China. “ – Jeff Mbanga – The Observer.…

    • 2351 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    seldom recognized as anything else. Despite presence of many industries, flourishing trade and huge exports,…

    • 2643 Words
    • 12 Pages
    Good Essays
  • Good Essays

    While many western managers believe that China’s growth is founded on foreign commodities that are built in China and exported globally, this view is completely wrong. China’s growth is coming from domestic consumption. Apart from major cities like Beijing and Shanghai, some 90 odd fast growing cities comprised of 250,000 or more middle-class families could be serviced with Chinese branded commodities unless the western companies feel the urgency and participate in the growth of these cities. However at the same time, China is far from being self-sufficient, which means many opportunities still exist, but time is not a luxury that MNCs have. The MNCs that plan to enter China should take into consideration the next trends to increase their chances for success. First, rise of domestic Chinese competitors will happen quicker than most think. Second, MNCs must be ready to do business in hundreds of wide-spread locations. Third, companies need to prepare for unprecedented increase in demand. Fourth, the Chinese consumers are very different and have different requirement from those back home. Fifth, product adoption rates are much quicker in China. Sixth, Chinese companies will also go global after gaining strength from domestic consumption. Seventh, Western companies will be on their own when dealing with business issues involving Chinese politics.…

    • 794 Words
    • 4 Pages
    Good Essays
  • Good Essays

    To have a successful civilisation, a strong political base was needed in order for the civilization to grow and prosper. India and China were civilisation in the Classical Period who had a lasting influence on the world. Although both India and China had Buddhism as a popular religion, they differed in the fact that India had a less centralized government than China, as well as who became a ruler of the Empire and how they become ruler.…

    • 168 Words
    • 1 Page
    Good Essays
  • Better Essays

    CAFTA: China-ASEAN Free Trade Agreement, this agreement is the first agreement that China make with other countries, and the largest free trade agreement area…

    • 2543 Words
    • 11 Pages
    Better Essays
  • Better Essays

    Pest Analysis of Brick

    • 2089 Words
    • 9 Pages

    One of the major similarities of the two economies is that they both have a free market framework. Also, they are known as leading…

    • 2089 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    between the countries in this area. So in this report, we will study two countries from Middle…

    • 1819 Words
    • 10 Pages
    Powerful Essays