Impact of Coronavirus (COVID-19) on India

I was shocked to learn that even paracetamol is imported from China! more  

I AGREE WITH KAUSHIK D. VYAS AND WILL LIKE TO ADD WHY ARE WE PEOPLE OF INDIA DO NOT TAKE THE CUE FROM GOVERNMENTS INITIATIVE OF MAKE IN INDIA AND SHARPEN OUR BUSINESS/ENTREPRENEURIAL SKILLS AND MAKE IT HAPPEN more  

Dear Kaushik Vyas, Your concerns are genuine and correct. I think we are getting signals and we need to gear up in decreasing the dependency on out side countries,especially where we have the raw material and/technology. To answer your question, why many mgfrs in India stop there production and go for imported products,as they have to survive in the Indian market. Secondly setting up an industry in China is very easy as compared to that in India. Hence there is a mushroom growth even for smaller inds.Taxation, duties,other infrastructure support is tremendous. Transportation is remarkable even in what we call C zone. Mainly if you ask there are less restraining parameters for industrial growth. Recently I attended a Startup and MSME seminar. If I have to start with a small setup in my city,i can't because there are no incentives. If I go to other B,C,D,D+ zones my product will become costly and not salable eventhough there are no solution or other concerns. This is only an example. Now regarding economy of scale, labour, infrastructure, financial support China is very much ahead. This may bebcos ourz is a democratic County. Hence if we take a quantum jump target,focus on mfgng,market and together plan with out the greed for power, and use our research, intellect, other resources prudently everything will be a Eutopia. Rgds more  

This is a good report. But all our scientists, technologists, commerce n trade depts. FICCI, BUSINESS ASSOCIATIONS needs to think in all these years, about how is it possible that you name the product n China has it? Have they really developed all technologies n products of their own research, developments, liberal trade practices or copied from somewhere, or majority of products manufacturers entered into collaborations with Chinese companies, investors? Why our indian manufacturers, traders have attracted towards China in almost all sectors, that they stopped their own manufacturing n import in neutral packing, importing from countries who have free trade agreement with China n saving on duty if thru SARC countries,there by taking advantage or disadvantage of such import n trade facilities. Particularly after Tiananmen Square revolution there was a phenomenal growth of Chinese industries,China signed WTO agreement much ahead of us, are these the reason they are in better position than us in international business? Can our economist not come out with better master roadmap so as to reduce our dependency on exclusive imports of various basic or intermediate products , spare parts, building construction material almost all domestic items like furniture, tiles, electrical goods children toys, our festival items , even they are trying to push their dairy products. There is something definitely wrong somewhere in our system, people's mind-set n may be many more reasons. On one hand our Govt is trying tooth and nail to attract FDI but may be some orthodox thinking n oppose by local tradesmen not willing to take any forceful actions. The country which invaded our country in1962 n for years we were not in any way connected with them on political grounds, business n in all these years how come we attracted to do more n more business with China, inspite of having long pending issues of land, their Whemently opposing our membership in the UN Safety council for all these years. They support our arch enemy neighbour country . Still we don't realise all these n do more n more business with them. On the back drop of all about cited issues are we not suppose to think again n one and all have to contribute to come out of such short time gains or profits , have to revolutionise our industries, scientists commerce n trade organisations on top of it our political leaders of all parties to unite n have one voice for the country's interest first . Jai Hind more  

Why have we been sitting and depending on China. Still we are harping on corona virus instead of accelrating Made In India activities. Govt should wake up and give immediate thrust on Made in India activities. more