Question

What is happening with the import of chinese toys in india

Answer 1

Chinese toys have taken over most of the world; one will hardly find toys from local manufacturers on store shelves these days. The present research has been conducted on secondary data of import of toys from China for the period 2008-2009 to 2012-2013. Chinese manufacturer have the capability to significantly undercut prices offered by foreign competitor over a wide range of products. Today as a, result of the “china price” china has captured over 70% of the world market share for toys. Toys can be categorized by age group like infants,toddlers,and  grownups.Therfore china  dominates to electronic market of India, Because the Chinese electronic  toys are much cheaper  than other  country toys, and India is the country of middle class and they want  less expensive products.The import of china toys is good for Indian economy because its provides employment to Indian people. Therefore import of china toys is successful  for Indian economy. As Indian government had put a partial ban on import of toys from china during 2007,the regulations concerning import of   toys from China has become stringent now

Answer 2

Answer:

Concept:

Import of chinese toys in India- impacts

Explanation:

• The world's largest toymaker Mattel (MAT.N) recalled approximately 21 million Chinese-made toys globally in 2007 due to excessive amounts of lead paint and other harmful components. China's manufacturing sector is a major supplier of toys, clothing, and food to most of the world.

• Indian consumers now have more options at lower prices as there are more number of imports and wide variety of toys made  available.
• Chinese toys were one of the main products that recently inundated Indian marketplaces. As a result of a huge influx of Chinese goods that formerly threatened to drive out domestic producers, India has been placing import restrictions on Chinese goods and components through import tariff levies.

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