How India can reduce dependency on China भारत चीन पर अपनी निर्भरता कैसे कम कर सकता हैं #BoycottChina
Channel: Shailesh Singh Kushwaha
Date: 12/07/2020

BoycottChina sentiment is high in india due to recent india china face-off taken place in Ladakh near Galwan valley near panging tso lake.Our 20 soldiers were martyred in this face-off.India has huge dependency on China in trade. We have huge trade deficit with China. India's import is more in comparison to it's export.India is running huge trade deficit. Recently India has banned 59 Chinese apps including Tik tok. Chinese phones like Vivo,oppo,mi has huge market share in india. Companies like samsung are lagging behind. India import about 70 percent Active Pharmaceutical Ingredients (API) from China.India is big manufacturers and exporter of generic medicines.sudden ban of API will harm pharma industries.Chinese big business houses like Alibaba group and other has invested in indian startups like Zomato, Paytm,Ola,byjus etc . Sudden ban will harm these startups.If possible people should avoid buying Chinese phones,they can buy samsung, Micromax, Nokia, Lava,apple etc. Government should ban new Chinese projects. Government should sign FTA pending with EU and other Asian countries.India should improve its infrastructure and strengthen supply chain to attract companies those are moving out from China, but at present they moving to Vietnam. Recently LG company has announced to increase it mobile manufacturing 15 times till Diwali.They have applied for PLI schemes means production link incentive scheme. Government has announced to write country of origin in e commerce sites in their products from August 1 this will help to identify origin of products of country.peope can decide that they wanted to buy Chinese products or not.  


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https://m.economictimes.com/industry/healthcare/biotech/pharmaceuticals/active-pharmaceutical-ingredients-how-dependent-is-india-on-china/videoshow/76694203.cms



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