Why is India so dependant on chinese goods, what are some goods that we import the most🤔 Is there anyone here building in india in substitute of chinese imported goods
No one can compete with China on costs, mainly due to their transport / logistics infrastructure. If a company like Foxconn wants to make a phone, they are going to source many subcomponents from other vendors like Screen , camera modules. Transportation costs of all of such purchases in the supply chain will add to the final expenditures and contribute to the final margins of a company. Say you're making a laptop that is selling for 1000$ (or ~80k) costs 800$ to make in China compared to 900$ in India. Where do you manufacture them?
In order to bring down the costs of logistics, we need to invest a lot more in infrastructure like DFC, etc.
Interesting point...Infra, we are so behind in infra Though DFC can ease movement of goods we need more businesses to produce in India otherwise these DFC's will only serve the purpose of moving imported goods across the country.
90% of the electronic goods sold in Amazon and Flipkart are imported from China. House hold items, all kinds of high grade plastics, toys, equipments are all imported from China.
We don’t have the machinery and the skilled labour to produce in India. For some sectors, India is heavily reliant on China.
Interesting...Can't we import machinery and start making something in India, later we can focus building those machinery Shouldn't we start somewhere What could be the barriers that can hinder this🤔
Carbon emission industry was pushed to China by West in 1970-90s and now u want to bring it back.
Hope u got the point.
Read about Nixon and deng xiaonpeng deal
But Is there any society or civilisation that got ahead without carbon emissions The entire west is built on the Industrial base I agree there is one sector/theme(Technology)that west came up with which does less carbon emissions compared to others but still world runs consumption of natural resources though many doesn't agree on that
I geniually want to understand why we are behind in manufacturing ? Although I'm from commerce background but I would love to know how does one start manufacturing business in India ?
What type of engineers you need ? Honestly I don't...
Autocracy vs democracy. China got to manipulate its currency for two decades at a stretch - got it pegged at 6 remnib...
https://youtu.be/lUp5xKvGzDw?si=GVh3pdYnu2uwpVDS
Not sure of the authencity of the video. But look at the scale of use of tech.
I was casually scrolling across Amazon looking for a smartwatch for a family member, when I came across this tag called Country of Origin on the product description details section. To my surprise most of the so-called Indian brands lik...
