The call to boycott ‘Made in China’ products comes at a time when the government is promoting a campaign to make the country self-reliant under the Aatmanirbhar Bharat mission.
The survey, conducted by Local Circles, received 32,000 responses from citizens spread across 235 districts.
More than 8,000 responses were received for the question “Would you boycott buying Chinese products for next year?” and an overwhelming majority of them were ready to stop buying Chinese products.
87% of the 8,000 respondents said they were ready to boycott all Chinese made goods for the next one year.
When asked if they are willing to boycott buying/using products & services of Chinese companies like Xiao, Oppo, Vivo, One Plus, Club Factory, Aliexpress, Shein, Tik Tok, WeChat etc. effective immediately, 58% of those surveyed said ‘yes, won’t buy from now’, while 39% said ‘yes, won’t buy from now but have to use what I have already purchased’.
In other words, a massive 97% (39+58) said that they will boycott buying major Chinese brands and instead focus on Indian brands.
But India is angry after bloody clash on June 15 between Indian and Chinese troops at Galwan. Across the country, there are calls to boycott Chinese products and halt bilateral trade, with people burning Chinese appliances and goods and a Union minister even wanting a ban on restaurants selling Chinese food.
There is a very big question here – will boycotting of Chinese products really helps India imports items like transmission apparatus for radars, TV and cameras. Electrical transformers, microphones, headphones and loudspeakers also feature heavily on this list.2019 (34%) import
India imported nuclear reactors, boilers worth $13.87 billion during 2019, according to the United Nations COMTRADE database on international trade.
India imports diammonium phosphate, a crucial element in fertilizers to boost crop yield, from its neighbor. Another type of plant nutrient, urea, favored by Indian farmers, is also supplied by China. 2019(import 2%)
India depends on China for items like personal protective equipment, ventilators, N95 masks and other medical kits. With the current pandemic, these items have become even more crucial. India, however, has begun mass producing its own PPE kits and N95 masks to meet the ever growing demand of these items during the health crisis. (2019-2%) import
A lot of the components for cars being manufactured within the country also comes from China. Items like drive transmission, steering, electrical, interiors, brake systems and engine components are supplied by Chinese companies, to Indian carmakers. (2019-2%) import
Now, we can see that China’s exports to India account for only 2% of its total exports, so even if Indians boycott all the goods imported from China…
But if really India want to be aatmnirbhar: so we have to take some measures
- The government must lower the rates at which loans are issued to Indian companies, just like China. Recently, finance minister Nirmala Sitharaman announced a stimulus package to address the needs of various sectors battling for survival. Now, steps should be taken to ensure these announcements are actually implemented on the ground and aren’t reduced to hollow jumlas. In addition to this, the government must provide infrastructure, services, etc. to prepare Indian companies to compete with China.
- The foreign direct investment (FDI) regime also needs to be further liberalised. India receives only 25% of the FDI that China gets and only 10% of what the US receives. Increase in the levels of FDI may provide the necessary nudge to our industrial sector to surge towards better productivity and efficiency.
- It would be extremely beneficial if we diversify our import basket, by importing our necessities from a host of other countries and lessening our dependence on China. All these steps, collectively, could take us closer to self-reliance.
- Increasing mutual investment and encouraging Indian companies to participate in the China International Import Expo will strengthen bonds between these two economic giants. We must acknowledge that China has a strategic role to play in India’s growth.
After taking all these measures: may India can achieve the mission which has been started by our prime minister of India .87%of Indian ready to boycott Chinese products and it’s a good sign to generate employment, and development of technology in India.
In the first four decades of India’s existence, it has tried — and miserably failed — making mantras like “self-reliance”, “import-substitution” and “protecting infant domestic industries” work. But now India can achieve all its self-reliance in all over the world.