According to a survey, about a year after the LAC standoff, 43% of people rejected Made in China products and refused to buy goods made in China.
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In June 2020, 20 Indian soldiers were martyred in a clash between Indian and Chinese soldiers in Galvan Valley. Many soldiers of China were also killed but it has not given their number. It has been a full year since this incident and in the meantime Indian customers have strongly rejected the ‘Made in China’ products. According to a survey, most people have not taken any product made in China after the Galvan conflict. Although the boycott of Chinese products is not so easy and it can be understood as…
Nearly a year after the LAC standoff, 43% of people rejected Made in China products and refused to buy manufactured goods, according to a Monday report by online firm LocalCircle. According to the report, about half of the Indian customers who took part in its survey said that they did not buy any goods made in China in the last 12 months due to border tensions with China. The survey was conducted from June 1 to 10 and 17,800 citizens from 281 districts of the country took part.
Chinese products decreased
It said, ‘Through the first question included in the survey, an attempt was made to understand how many products made in China have been purchased by Indian customers in the last 12 months. In response, 43 percent of the people said that they did not buy any goods made in China.
According to the survey, after the violent Galwan clash in 2020, 34 percent of the people said that they bought 1-2 Chinese products, 8 percent bought 3-5 of them, four percent customers bought 5-10 made-in-China products. , three percent bought 10-15, one percent bought more than 20 and one percent bought 15-20 products. The remaining 6 percent of Indian customers did not have an opinion. Furthermore, most people who bought Chinese goods said they did so because it was the cheapest option available.
Chinese apps banned after Galwan clash
After the death of 20 Indian soldiers in the Galvan Valley, the Indian government indirectly banned products made in China. During this, about 268 Chinese mobile apps were also banned in turn. Banned apps included apps like Tiktok, PUBG, Camscanner.
Chinese demand is increasing once again
According to the report, however, in January-May 2021, an increase of 42 percent was registered in the annual imports from China, due to the increase in the import of life-saving health equipment and medical oxygen equipment from China. In fact, China accounts for 12 per cent of Indian imports of intermediate goods and 30 per cent in capital goods and 26 per cent in consumer goods, the report said.
The report said, “It should be kept in mind that there are many Made in China products that do not have Indian counterparts that come with similar or higher price quality combinations. Similarly, many global makers of gadgets and devices have their factories in China for global demand and production.”
Last year, the online firm conducted a survey in November, in which around 71 per cent Indian consumers said that they did not buy Chinese products in the Indian market for the festive season.
Imports from China increased amid the second wave of Corona
Bilateral trade between the two countries grew by 42 per cent annually (YoY) during January-May 2021, despite Indians continuing to reject Chinese goods. This increase is mainly attributed to the second COVID- The second wave of COVID-19 in India saw the import of life-saving medical equipment and oxygen from China and the rest of the world.
LocalCircles said, “Chinese trade with India declined by 5.6 per cent to USD 87.6 billion in calendar year 2020, although sugar imports increased by 42 per cent in 5-month value to calendar year 2021.” In fact, China accounts for 12 per cent of Indian imports for intermediate goods and 30 per cent of capital goods, while final consumer goods is 26 per cent.
India’s top company Jio made Chinese partner
No matter how much ‘hula’ has been created in the name of Chinese in the country, but the telecom giant Jio has made Chinese company Bluebank Information Technology as its partner. Jio is preparing JioBook with this company. According to XDA Developers, it has been learned from internal documents that the development of JioBook started in early September last year and is expected to continue till the first half of 2021.
The trend of Chinese smartphones is still intact
There are many Chinese brands whose smartphones go out of stock in the first sale itself. This means that even now Chinese phones are being bought fiercely in the country. Talking about the recent example, Xiaomi’s spin-off Poco has sold more than five lakh units of its new budget smartphone POCO M3 in India. The company has claimed to achieve this milestone within 45 days of launch. Many such names are included in the list.
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