Boycotting All the Chinese Products!! (Not A Well-Thought-Out Plan, I Think.)

I generally don't speak on this type of topics, but I feel like I should as this have a potential of a huge backfire to it.

First thing first, I am not against India in any way, I love my country as much as you do and maybe even more. This is just to enable people to better look at the things and make an informed decision. Now, let's get back to the point: -

I know what China did on the border area is something they should not be proud of; I can equally feel the loss & pain of those soldier's family. And I know for a fact, that the Army will do whatever is required to make them repay.

However, I don't think that boycotting all the Chinese products is the way to go, it's because it is just an impulsive decision and the one that lacks a lot of logic and is not beneficial from an economic perspective.

Let's assume for a while that we boycott all Chinese products and stop importing them totally. Let's see the condition of Smartphone market after that. Now that we don't import components or products from China anymore, how will you fulfil the demand that already exists? 'cos if you don't do this the price of even a simple phone will skyrocket (provided if you even make them totally from scratch in India).


As far as market statistics go, as of 2020Q1 more than 73% of Indian smartphone market is held by Chinese brands, and if you take out more than 73% from anything, there's not a lot left in it. FYI if you are all in for boycotting China then fact of the matter is that the Indian companies like Micromax & Lava and even multi-national companies like Samsung, Apple, Microsoft, Google they all get their components (like Touchscreens, Cameras, Processors, Memory etc.) mostly from China. If you still go forward with the decision then now, you don't have Smartphones in your country anymore!!!

All I am saying is boycotting China all together is not really an option here, unless we have a technology to produce and possibly export these components in/from our country itself. And the reality is that India is not even close to have a technology to produce 7nm, 8nm or even 12nm silicon chip. And the Touchscreen technology, it's a whole other story on its own. And buying such a technology is also not an option, even if it is, there will be all that Patent-royalty agreement which will eventually end up benefiting China (provided if they even agree to sell such technology, which they definitely will not.)

This is just an example of a single industry, China currently have deep roots in many industries in India, be it through direct selling and even FDIs & FIIs, that we (a common man) don't even completely know of.

The logical way to cut short China from Indian markets is to have the complete knowledge of the product you are buying beforehand. If you have options then try to choose a product which fulfils your requirements and you are sure that it is made indigenously.

Meanwhile until India is busy in making the required technology focus on the good things like- Even if they are Chinese Companies, they are paying all the taxes, employing thousands of people and doing the required CSR activities and eventually helping our country and its people here.

😎


       

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