Why 'make in india ' when we can buy cheap material from china? Essay writing?
Answers
be it anything from needle to toys, electronic gadgets, hot water bottles, Diwali crackers you will find the Chinese version of the same in India at much cheaper price. The price of Chinese goods is 10-70% lower than that of Indian goods. Low price, bulk availability, and variety are some of the favorable features of the Chinese goods in India. Chinese products in huge quantity are put into Indian market and adversely affecting the Indian units. Chinese 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.
Chinese products are mostly low on quality. Such as last year, on Diwali, Indian market had been flooded with Chinese 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 Chinese version is the toy industry in India. As per the reports of the ASSOCHAM there are so many Chinese 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. Chinese products have also led to the shutdown of 60% of industrial units in Thane and Bhivandi. Hence there are many industries and manufacturers who are facing the heat of Chinese competition.
This is true that China is a developed country that exports cheap material to other countries like China, but we should prefer buying make in India products to support our Indian peasants and industrialists. There are multiple reasons for Chinese products to be cheap in comparison to that of India.
Chinese products are cheaper that India because of the subsidy given to industries in China is more that of India. Because of this, products made in China are cheap.
The technology and infrastructure of China is very vast and strong. They have a better reach to huge resources and machinery. They are more advance in technology that India. While India is facing a lack of technology, infrastructure, resources and machinery, we should buy more Indian products to give them strength.
India became a duping place for China, where it dumps most of its less useful or no useful products. Supporting Indian products, we can create employment in various sectors as the demand will grow, companies and peasants have to work more. It will also make more money stay in the country.
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