Preview

Made in China a Threat to India

Good Essays
Open Document
Open Document
739 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Made in China a Threat to India
CHEAP Chinese goods are flooding the Indian markets and Indian industry is finally waking up to the flip side of globalisation.
As a wide range of cheap Chinese products flooded the Indian market, some local industries were adversely affected, while others benefited by using these products as raw materials
The Chinese are exporting to India a wide range of low-cost consumer goods that have a mass market in India such as kitchen-ware, textiles, electronic items, furniture, toys, cosmetics, footwear and accessories. In fact in the last four years, there has been a deluge of cheap imports from China tyres, bicycles, watches and clocks, toys, plastics and dyes, and bulk drugs
In the very near future Indian scooter and motorcycle manufacturers are going to face stiff competition from the Chinese. The sector that will be worst hit will be the smallscale sector. The Chinese export import corporations are financially stronger, have more efficient processes and turn out goods at extremely cheap prices. Armed with competitive advantage of low price the Chinese are moving in new markets at a feverish pace and
Indian exports will also come under serious threat with the entry of China into the WTO.

The flood of Chinese imports has raised temperatures all around, questions have been asked in Parliament, and the many chambers of commerce have beseeched the government to protect Indian domestic industry from the new Chinese invasion.

In most cases Indian product's are better than their Chinese counterparts but as India is a price sensitive market, Chinese product's are sold more. Compare to India, China is the worlds factory floor andthe worlds greatest market opportunity,
Chinese products in India have good and bad both effects but bad effects are greater than the good one
First talk about good effects. There are large part of India living below poverty line and does not have resources to buy luxury products. But Chinese products provide them this opportunity to

You May Also Find These Documents Helpful

  • Powerful Essays

    John Lewis in China Report

    • 6732 Words
    • 27 Pages

    The major findings indicate that there are some risks, as there always are when entering a new market especially in a country with such a different and special culture and past. John Lewis should so be precautious when entering China and taking care of the competition there.…

    • 6732 Words
    • 27 Pages
    Powerful Essays
  • Good Essays

    within China making it hard for industry to develop. This shows the limit of the…

    • 1794 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Palliser Furniture

    • 450 Words
    • 2 Pages

    -Threat: Increased Competition: America, Japanese, and Italian firms had established factories in China. Strong competition that will compete for the same skilled employees.…

    • 450 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    week 5 preparation sheets

    • 516 Words
    • 2 Pages

    As seen in the previous few years the Asian market has boom in the world economy. China emerges centre stage and it’s the economy is closely intertwined with the world at large. It is the world’s largest consumer marketplace. The averaged over 10% economic growth while the global financial crisis is going by preceding years; China gains the superpower economy status in the world.…

    • 516 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    * The most important reason for moving into China could be the huge lucrative market and the immense opportunity the market of China presents Acer with.…

    • 2614 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    The fixed lower exchange rate has also been successful in generating large amounts of FDI inflows, which has generated great employment opportunities and also resulting knowledge transfer has led to increased productivity, as a result of this strategy, the productive sectors of the major world economies have been facing increasing competition from Chinese products.…

    • 624 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ans.:- Well as we know that India and china both are rising in economic powers very fastly. Both countries among the most ancient civilizations and their economies are influenced by a number of social, political, economical and other factors. Both countries have huge labour & workers. As we can say that both countries have huge market potential.…

    • 960 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The Victorian Era was well known for employing young children in factories, mines, and as chimney sweeps. Since children were expected to help towards the family budget, they often were working long hours in dangerous conditions for low wages. Several kids lost limbs or even their lives performing these jobs. Multiple Factory Acts were passed to prevent the exploitation of children in the workplace. However, children of poor families would still leave school at very young ages and be forced to go to work.…

    • 679 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Software industry from India and most importantly emergence of China plays a vital role in the global trade. India generates revenues of approximately $40 billion and exports $31.3 billion, where twenty five years before the software industry started with nothing. On the other hand, we can notice that, majority of the products we use displayed “Made in China” on it. Lately, China becomes a major contributor to the economy. Because of China’s booming economy market, they are able to do things like charge the world 's first export tariff, a tax exacted…

    • 752 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The second factor is that in present days, unlike in the past, in order to be competitive in China, foreign companies need to produce and offer technologically innovative products there. This fact, combined with the intention of Chinese companies to develop their products on top of foreign products, creates an environment, which really put IP…

    • 604 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    L'Oreal, the world's largest cosmetics company entered the booming Indian hair color market in 1997. Since then, it has been meeting demands of its Indian consumers, competed from local and international companies and expanded from cities to the two and three-tier towns of India. This case provides detailed and comparative study in entry in Indian and China. It…

    • 5215 Words
    • 21 Pages
    Good Essays
  • Good Essays

    India vs China

    • 1040 Words
    • 5 Pages

    Likewise, India has struggled to compete with China in large scale, export oriented manufacturing and foreign direct investment. China has a very good record in export oriented manufacturing because they have used their resources optimally. If we see both the economies have enormous amount of labor resources and China took this as their advantage as the labor cost is cheap and foreign companies are attracted towards China. India in other hand is also growing but if we look at the growth compared to China, India is still lacking behind.…

    • 1040 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Golf Equipment Industry

    • 1768 Words
    • 8 Pages

    The industry has to suffer from Counterfeits by Chinese products which are hard to figth against.…

    • 1768 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Luxury Market in India

    • 1199 Words
    • 5 Pages

    Indian consumer is more sophisticated, discerning and in that manner more demanding. Being culturally richer, they need less education on luxury than the Chinese counterpart.…

    • 1199 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    IMPORTING AND EXPORTING

    • 335 Words
    • 1 Page

    By opening its markets to foreign products, China can exploit its comparative advantage and specialize in the production of goods that it produces most efficiently and to buy good that it produces less efficiently from other countries, even if this means buying goods from other countries that it could produce more efficiently itself. Hence, companies in China can lower their overall cost…

    • 335 Words
    • 1 Page
    Satisfactory Essays