Question

Advantages and disadvantages of chinese products in india

Answer 1

Advantages of Chinese products in India:

• The prices of Chinese goods are about 10-70% lower than that of ‘Indian goods’.  
• Chinese goods are capturing the different segments of the Indian market like the garment industry, electronic goods, textile, toys, medicines, car components and more.  
• The Chinese goods are available in large varieties.

Disadvantages of Chinese products in India:

• ‘Chinese goods’ are affecting the Indian markets, especially the toy market of India.
• Chinese goods in the markets of India are leading to the shutdown of a lot of ‘Industrial units’ in India.
• The low prices of Chinese goods attract lots of buyers which has indirectly affected the revenues on the Indian economy.

Answer 2

Explanation:

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