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THE PO­LIT­I­CAL RE­LA­TION­SHIP BE­TWEEN CHINA AND IN­DIA HAS RE­CENTLY IM­PROVED. DO YOU THINK THE SET­TLE­MENT ON THE BOR­DERS WILL OPEN BIG­GER DOORS FOR CHI­NESE PROD­UCTS IN THE IN­DIAN MAR­KET? WILL IM­PORTS OF RAW MA­TE­RIAL IN­CREASE? KINDLY SHARE YOUR VIEWS ABOUT THE

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“I

be­lieve it’s a great ini­tia­tive by the both the coun­tries to smoothen the rough edges, but in terms of busi­ness I don’t re­ally see a great fu­ture for Chi­nese prod­ucts in In­dia es­pe­cially with the rise of ‘Make of In­dia’ ini­tia­tive get­ting pop­u­lar day by day. To­day most of the peo­ple in our coun­try want good qual­ity prod­ucts and though China of­fers less ex­pen­sive prod­ucts, they still do not have prod­ucts which have bet­ter life and qual­ity. Sooner or later peo­ple will stop in­vest­ing money in prod­ucts that don’t last for long.

SUMANT KU­MAR, himker KNITS (in­dia) (p) LTD.

G

overn­ment has def­i­nitely re­solved po­lit­i­cal is­sues with China but that won’t in­crease China’s share in the coun­try. Gov­ern­ment has in­creased im­port duty due to which busi­ness­men are dou­ble minded about im­port­ing prod­ucts from other coun­tries. It’s a very clever strat­egy I must say. By do­ing this, gov­ern­ment has not only put a safety valve that would pre­vent fur­ther ex­pan­sion of China mar­ket in In­dia but will also leave busi­ness­men with one ul­ti­mate op­tion to buy Make in In­dia prod­ucts” Dashrath prasad, HANUN Cre­ations

P

olit­i­cal set­tle­ment doesn’t de­ter­mine the na­ture of busi­ness both the coun­tries will have. Re­cent laws are clearly not in favour of In­dian man­u­fac­tur­ers. Our gov­ern­ment talks about pro­mot­ing Make In In­dia and the same gov­ern­ment im­ple­ments 18% GST on prod­ucts- it is quite iron­i­cal. To­day, think­ing of set­ting up a fac­tory is a night­mare hence peo­ple find it easy to im­port Chi­nese prod­ucts and sell it in the In­dian mar­ket. So if we re­ally look for­ward to a bet­ter fu­ture for in­dus­try, Gov­ern­ment has to pro­vide the favourable en­vi­ron­ment for busi­ness.

GOKUL gupta, bir­bal in­ter­na­tional pvt.ltd

“B

et­ter re­la­tions be­tween the two coun­tries or not, the mar­ket for Chi­nese prod­ucts would never fade be­cause the prob­lem in In­dia is deeply rooted and that is the mind­set of peo­ple. We love buy­ing cheap prod­ucts com­pro­mis­ing qual­ity, and with the fact that we can’t pro­vide qual­ity prod­ucts due to lack of in­fra­struc­ture and what­ever qual­ity is pro­duced is sent over­seas so do­mes­tic mar­ket is left with no choice but to buy Chi­nese prod­ucts.

Dar­shan Singh, Movif in­dia intl, Delhi

“E

xport busi­ness in In­dia is suf­fer­ing tremen­dously due to new tax­a­tion scheme, for­get ex­ports; GST has made “Made in In­dia” prod­ucts costly which is re­sult­ing in more de­mand from less ex­pen­sive Chi­nese prod­ucts. vi­jay KU­MAR Sadh , vi­jay in­ter­na­tional, Mum­bai

“C

hina is al­ways a step ahead of In­dia, they in­vent tech­nol­ogy and we im­port from them, which keeps them on a higher pedestal as they have bet­ter in­fra­struc­ture and skilled men. These fac­tors will al­ways give them a ma­jes­tic rule on In­dian mar­ket.”

Naren­dra Mo­han, Knit world, Lud­hi­ana

“I

t is good to see the po­lit­i­cal re­la­tion­ship be­tween the coun­tries get­ting bet­ter, I con­grat­u­late Modi Gov­ern­ment for that but if you ask about busi­ness, I would say peo­ple love cheap prod­ucts and it’s a well-known fact that China of­fers va­ri­ety in af­ford­able price, rather cheaper than In­dian prod­ucts. In­di­ans will al­ways rush to buy cheap prod­ucts hence China mar­ket will refuse to cease in In­dia. ro­han SAD, reet in­ter­na­tional, Noida

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