At the time where India and China relations which is not so good at the moment, but then Indian Business people are preferring Chinese made equipments in most of the power projects and other manufacturing equipments from China, and this bias of "buy china" products by manufacturers is giving Indian counterparts a stiff competition. And the other thing is The Exports from china to India is some where around 8.3 billion..but whereas export from India to china was very negligible.
YES ISHA I'm also in support of you but still I would like to say that you are taking this thing very suspisiously ... which i think is not correct I strongly think that there should be a body in Govt. that will monitor all these factors will keep some barriers over it that there should be Import limit Predecided by this body for every company and for every Import there should be an alternative suggested to that company at our home nation India.....
Question here is : Do we in-house superior equipments to be used in power projects in India.Are those equipments cost effective? Equipments from china can bring low cost with modern technical design leading to better productivity. China has proved their mettle in manufacturing and better to sail in the direction of wind or we turn it around. When will INDIA understand simple fact that our growth is service based and its getting a hit because of recession. When will government and private sector come and make efforts to pull the bar up and raise our in-house capabilities in manufacturing. This is not solely government responsibility corporate giants like RELIANCE are equally or more responsible for this.
I have been observing Power Sector relying on Chinese equipment for cost advantage , there were issues related to patenting,Longevity,after sale support and India's own industry.
Its not Power alone lot of Farm equipment especially now in Sugarcane is rolling from China , in a way India is committing blunder relying on Unreliable neighbor. we should compete this space and Policy support is required.
No project can happen if the capex can not be recovered withing design life of the project and with repected return on investment is not achived. In view of the above if importing from China suits the investors return expection then we should not object. However a good assesments sepecally in case of utility infrastructure like power, water supply etc. the benifits of oeration of have local supply during design life should be given due waitage. However govt. must create a competitive environment and to do the same we need to have cheap access to power, water etc. required to support the manufacturing segment. So probably to achieve the same and create better manufacturing environment for future Govt. should restructure it's taxsation policies and arrange to supply cheap key infrastructure to all manufacturers so that equilibrum is reached.
When we say the goods from China are cheap we also know that they are cheap. I dont beleive in buying from China from quality sense. But the business sense...sometimes strange.
I say YES......But India not only giving in to China only--
India's new "PROGRESSIVE FOREIGN POLICY" is to give in to all the nations--because we want PEACE with neighbours? No disputes PLEASE........We are land of Buddha(just send the green leafs to our ministers in suitecases from China...America...Pa...)
Letter from such a reputed organisation points out to the rott in the Indian Political system. The Government uses the media to spread false rhetoric in the public about perceived threat from China, where as behind the scene it only works for financial gains of a few in power. National interest and Security are illusions created to exploit common citizens. MMS signing Indo-Pak joint statement, suddenly agreeing to lower Carbon emission and now doling out contracts to China are examples of this evil nexus and rhetoric. It is all thanks to a few dare devil reporters that some truth like this one trickles down to the public but only to dry up shortly because such challenge to the people in power is cut short by the system.
you are right Isha.....The main reason of import from china is cost.The demand in India for the the power equipments and other industrial macines alondwith their spare parts is huge, This cost factor tempts the Indian industrialists,which in turn becomes a very easy path for china to dump equipments and other materials. It is now high time that the Indian side sould take up this issue and see that balance of trade is maintained and anti dumping actions are taken.
Yes isha u r absolutely right. But to change this trend we citizens have to think about it.....
Chinese items are very cheaper but with poor quality...also if u want any spare part u have to make contact in china...so it very risky for our side as we cant have faith in China.
But we indians have mentality of buying more n more cheaper products....thts disgusting.... If we are considered among world's most intelligent race then y v just cant calculate that Chinese items may be cheaper but it lasts for just few months...while a good quality product (including Indianl manufactured) lasts for more period. For eg. u buy a machine costing 50,000 which is rated 1,50,000 on Indian or other country made products. But the durability of that machine will be for 1 years while rest having 3 to 4 years....So, we purchase China made then we have to purchase it again as most of the items made by China are USE N THROW..... So we can easily calculate now in which brand we are investing more...BUYING CHINESE ITEMS AGAIN N AGAIN OR JUST BUYING ONCE FROM A GOOD QUALITY MANUFACTURER.....
Think about it...we all will get the simple answer of ur Precious question....reply me ur opinion wht u think on my suggestions....thank you....
Yes according to me Indian Manufacturers are being overlooked, I mean how can we buy things from china at a time when there are news coming like China attacking India in the near future, so we should stop completely buying from china as they are bigger threat than Pakistan according to me and why are we benefitting China by buying their products..This should be brought notice to Higher authorities and Government which can take some immediate action regarding this.
i think insted we think of china attacking us , why cant we think how much we can compete with them on their pricing and way their hard work and their production capacity, we always say we are 50 years behind america,actualy we are 50 years behind china visit that country once and you will know how much they proud that they are asians and their way of working, they work 12 productive hours and with 30 minutes of lunch brake, people their whole country roads washed every day including the gully roads , insted we worry about they attcking we need to learn lot more things from them ,we sit here and fight for equlity , there people just work equaly there is no deffrence between man or women
No project can happen if the capex cannot be recovered within design life of the project and with expected return on investment is not achieved. In view of the above if importing from China suits the investors return expectation then we should not object. However a good assessment, especially in case of utility infrastructure like power, water supply etc. the benefits of operation of have local supply during design life should be given due weight age. However govt. must create a competitive environment and to do the same we need to have cheap access to power, water etc. required to support the manufacturing segment. So probably to achieve the same and create better manufacturing environment for future Govt. should restructure it's taxation policies and arrange to supply cheap key infrastructure to all manufacturers so that equilibrium is reached.
OUR DOMETIC COMPANIES HAVE NOT ATTAINED THE LEVEL , THEIR CHINESE COUNTERPART HAVE ATTAINED, SO FOR AS CAPITAL GOODS IS CONCERED. SO IT MAKES PURE BUSINESS SENSE TO GET CAPITAL GOODS FROM CHINA ,NO BIASEDNESS AT ALL.
1.Are Chinese companies getting preferential treatment over Indian companies, for the reason other than techno-commercial viability ?
2.Is Chinese technology competent enough to be trusted with orders worth million Rs.
1. While dealing with peojects/contracts, the only criterion should be cost competitiveness at the set quality norms and proven after-service record. All the companies, whether Indian or Chinese, should be strictly judged on this criterion. Being Indian or Chinese should have no weightage.
2. Now second question, are Chinese companies trustworthy for technical competitiveness and quality norms?
I feel, they are not.
When we see, most of the contracts doled out on Chinese companies, the major reason is the lowest offer. The people, obessed with the cheapest offer, ultimately fall in Chinese trap. I have keenly observed that, chinese technology is identified with following features.
No after sales service back-up, no guarantee of spares, no guarantee/warranty, no track record of satisfied clients.
I have seen many plants, machinery of Chinese make, lying idle for the want to service or spares, just after 6 months of commissioning. The plant has not run successfully even for 6 months.
Chinese companies have served purpose of disturbing a market by flooding with cheap products. But they have no track record of capturing a market in a long term through quality, reliable service.
My worries are for the Indian companies, who are making their investment, based on Chinese technology.
I think both the sides are right in their own ways and should strike a balance between...
Cost effectiveness is vital to maintain competiveness in an open economy and china is basically an export driven economy. Chinese goods are selling heavily everywhere, due to it’s cost effectiveness and china maintained an artificially low exchange rate throughout to boost exports.
But over dependence on any country is also not advisable especially for a developing nation. Also quality and safety of many Chinese products are a matter of debate and the western world have started taking things seriously. Indian companies are heavily dependent on the domestic market at present and if unchecked dumping of Chinese products is a threat.
But I don’t agree with embargo.
We need to take advantage of the cost effectiveness of Chinese products like Makrand sir and Dayanand Deshpande sir said.
The government should check dumping, take steps to improve competitiveness of our products and boost exports. Chinese products that have absolute advantage over our products can be preferred and we should concentrate on those which have potential for comparative advantage, at least in the long run. This is important for maintaining global competitiveness and India should look for more foreign exposure in it’s P/L a/c in future. It is always better to attack rather than defend.,
Going by the mentality of us Indians I would say NO!1 Its clear that the reason for imports has two very clear winners:
1. People want products CHEAP. We are still in awe of FOREIGN brands so what if it is China. The perception people have today is that if goods from China are purchased and have a shelf life of even 3 days or weeks, its cheap and hence can be bought again and again!! Repeat purchases has diretly increased volumes of purchases!! VFM... in a very reverse way! "Aao banaye samose behtaar..." The Kissan ad which works reverse psyche.
2. We are basically people who would scout the market before any purchase is made simply to assure our self that we are not OVER PAYING!! Its also a known fact that Indian manufacturers are more expensive than China so the over all cost of purchase with CNF values added, if chines goods are still cheaper, why not?? Also remember that chinese govt makes the prison inmates work to earn their livelihood and these are the places where most goods are made.
So in all probability the entire Aisa would be making a beeline to China anyways, why should we be different, Its BUSINESS after all!!
But yes, sadly we are loosing in our own income. Govt of Maharashtra has ordered China made AC busses to ply the Mumbai roads because they are definitely cheaper than the Leylands and TATA's. In fact one of their busses had caught fire as well, but no hue and cry there!! Sastaa Maal hai.. Aur Kharid lo!! Problem kya hai!!!!
we should have a global view.at time or most of the times i do indulge in nationalism.
but i do remember i was born in various countries.i have stayed in various countries our so many births and have good memories from all those countries.
If I say this people would not like my opinion but the fact is a fact. Mr. Guruprasad I would also like to know your opinion about the same. Why have you posted on the REVOLUTION side?
" Although feminism speaks the language of liberation, self-fulfillment, options, and the removal of barriers, these phrases invariably mean their opposites and disguise an agenda at variance with the ideals of a free society." - Michael Levin...
It is important to spread awareness and media can play a good role in it. But the sides which you have mentioned do not justify the debate. I understand that you are concerned about the safety measures and want people to take it seriously. I suggest...