Made in China, Sold in India
With the world number into a global village and argument bewilderting stiff, countries same China atomic number 18 ruling the roost in more a market in varied spheres. India is the hub of diverse handicraft opportunities, and slowly yet steadily, Chinese products like electronics, crackers, idols, appargonls, etc. are predominating similar Indian products.
The festive season is the season of vocation especially filling the pockets of traders. But instead of the domestic welkin holding sway over the market, the opportunities are grabbed by Chinese manufacturers with their variety of exquisite products. Whether it is SMEs (Small and Medium Enterprises) or cottage industries, they are not able to provide a stiff competition to the cost effective offers provided by the Chinese. Due to these relentless imports of Chinese products, most Indian cottage industries have closed down, and the upcoming of the existing ones looks very bleak.
The Chinese entrepreneurs have infiltrated the market in a very systematic manner with their well-planned marketing strategies and day-and-night innovations.
They study the demand patterns and the market trends and work out the last price that they can offer to attract a colossal section of the consumers while still maintaining a profitable margin. As the Indian market is price-oriented, the domestic players are slowly losing their cope to the strategic Chinese entrepreneurs.
Chinese electronic goods like radio, torch, videodisc players, etc. are reigning supreme in the Indian market. Decorative items, fashion accessories like slippers, jewelries, hand bags, etc. father huge responses during festive seasons. This year, one saw the flooding of the Indian markets with Chinese made idols which were welcomed with open arms by the Indian consumers.
Commenting on the change of the market scenario, Mr. S.P Aggarwal, President of Delhi Exporters Association, said, Chinese...If you want to get a full essay, order it on our website: Ordercustompaper.com
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