Chinese toys has become more popular in the Indian market in recent years explain its impact on our market
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Be it anything from needle to toys, electronic gadgets, hot water bottles, Diwali crackers you will find the Chinee version of the same in India at much cheaper price. The price of Chinee goods is 10-70% lower than that of Indian goods. Low price, bulk availability, and variety are some of the favorable features of the Chine goods in India. Chine products in hge quantity are put into Indian market and adversely affecting the Indian units. Chine goods are not only affecting the domestic business and Indian market but also affecting the export market of our country. Indian goods are being replaced by ‘Made in China’ label both in India as well as abroad. Made in China label is slowly capturing the every segment of Indian market such as electronic goods, textile and garment industry, toys, medicines, car components etc.
China products are mostly low on quality. Such as last year, on Diwali, Indian market had been flooded with crackers containing Sulphur. Sulphur is dangerous than Nitrate used by Indian cracker makers. Their low price attracted lots of buyers which really affected the revenue of the Indian cracker industry.
products are mostly low on quality. Such as last year, on Diwali, Indian market had been flooded with crackers containing Sulphur. Sulphur is dangerous than Nitrate used by Indian cracker makers. Their low price attracted lots of buyers which really affected the revenue of the Indian cracker industry.Another industry that has been affected so badly by the version is the toy industry in India. As per the reports of the ASSOCHAM there are so many toys in the market that Indian toy industry is finding very hard to survive. In the last 5 years near about 40% of the Indian toy companies have been shut down. Rest 20% are on the verge of closing down. In the last 4-5 years near about 2000 SMEs have been closed down. The ASSOCHAM has also revealed that China has the largest toy market in the world and enjoys 45% of the total share whereas India has a very little part in this and enjoys just 0.51% share. Indian manufacturers serve 20% of the market and the rest is served by China and Italy. In the period between 2001-2012, the total import of the Indian toy industry has increased by 25.21%. It is expected that toy industry will grow further.
products have also led to the shutdown of 60% of industrial units in Thane and Bhivandi. Hence there are many industries and manufacturers
Jai hind..
avoid... @chinese product.... as much as u can