why the Bycott plan is not practical for India?

why the Bycott plan is not practical for India?

China has occupied 60 square kilometres of Indian territory, but its roots extend beyond Ladakh.  Pankaj Pachori, chief editor-in-chief of Go News, analyzes how China has consistently 'attacked' the Indian economy in recent years, causing New Delhi to incur huge trade deficits and Chinese investment and products.  Dependent.  A situation in which the destruction of performance and the destruction of Chinese TV cannot be eliminated.

what statistics indicate?  

   Statistics show that the trade deficit between India and China is steadily rising.  From 2000 to 2005, China imported less than it exported to China.  But as circumstances have changed, so have the numbers.  In 2020, the trade deficit between India and China widened to 54 54.6 billion.
   Not only that, but Chinese companies are also investing in Indian startups.  Most Chinese companies are in infrastructure, consumer goods, automobiles, energy and real estate.
There are an estimated 800 Chinese companies operating in India.  After Prime Minister Modi and Chinese President Xi Jinping, Chinese investment in Indian companies has increased significantly.  Since Prime Minister Modi's address to the Chinese President in 2014, more than 250 Chinese companies have invested in India.  This investment is about 800 800 billion.
   As a result, 75% of India's power plants use Chinese utilities.  The Modi government is pursuing a mission to promote solar energy, in which 80 per cent Chinese companies have invested.
That why some analyst suggest that boycotting Chinese product is not workable and it will hurt India economy and India supply chain.

Post a Comment