Hi friends, in this article let us discuss about the silent battle that is taking place between India and China, with respect to production and export of electronic goods. When we look at a glance, we feel that China is way ahead in terms of electronic goods, when compared with that of India, but the inside factor is that Indi a is developing very fast and there is a strong possibilities of India overtaking China in the future. This is really great news for the country and it will definitely reflect on the Indian economy at the world level and will showcase our country in a good position in the world arena.
It is a well known fact that China dominates world Electronics production and exports let us see how China dominates the Electronics goods production, with the help of recent statistical details.
1)When it comes to the Air Conditioner production, China virtually tops the world list as they produce 72 % of the world Air Conditioner production. They also make sure that the large amount of AC manufacturing never compensates the quality and all the goods produced by them are of the best quality. So naturally people prefer the best quality and hence the Chinese products.
2)China also leads in the World’s refrigerator production and they produce 47 percent of the worlds refrigerator production
3)Apart from this, the most important and necessary products, which most of the people in the world possess, i.e. the mobile phones, are also produced at a vast rate in China. Around 52 percent of the world’s mobile production are from China, and even in India Chinese phone was popular and very recently Government detected problem with regards to IMEI number, and we can see the gradual reduction is use of Chinese Phones in India
4)China also produces 35 % of the world’s total Washing Machine
But friends don’t get afraid of this statistics; because this production is going to be overtaken by one of the most powerful countries of the world, and it is none other than India. When we analyze the reason why China has a vast production, the main reason will be the Economic policies and rules followed by the Chinese Government. They readily accept the foreign investment and they also have huge relaxation in these policies. So this will give them an opportunity for the foreign countries to easily invest in China and as a result of this Chinese will easily know about these technologies and this has provided them a great opportunity to develop in technology.
Recently Pricewater house Cooper along with other council conducted a survey and they came out with a different and unexpected result and according to that the production in China will gradually reduce and moreover this is also due to the impact of the development of other countries like India. They also specifically indicated that India is doing a great job in these fields and there is a greater chance for India to grab the number one spot very soon. They also suggested some of the important ways that India can beat China and that includes,
i)India need to make sure that constant encouragement is give to the companies, so that this will help them to increase their performance
ii)Predicting the correct way , how the development can be implemented
iii)There must be some relaxation in Tax
iv) Availability and purchase of raw materials must be ensured.
So following these basic things will definitely help India to overtake China in this field. Hope we progress in a right way and take the number one position.