Skip to main content

" Made In China " - A Threat for India ?

" Made In China " - A Threat for India ?
I receive lot of interesting questions from some of my Friends or Associates and most of the topics will be related to Leadership, Marketing, Hiring, Change, Strategy or Time Management. These questions actually come to my mind several times when I sit to write some thing on the blog.

Yesterday I received a call from an Entrepreneur friend of mine who is into manufacturing. While talking about his business, he asked me an interesting question which is the seed for this article. Let me quote him, " I have spend the last ten years bringing up my Company with lot of pain and we were extremely competitive in the market till recently. But now we're getting killed by imported products from China. How can we stay alive? "
I guess he asked me this question, since I had the opportunity to travel around the world over the past several years ever since I got into the foreign trade business for my Company. One Country I have often traveled to is China and my first visit was a decade back, during 1998. I could travel across China to various Provinces and interact with Entrepreneurs , Middle and Top Executives from different industries.
Coming back to the question my friend asked me, will there be any manufacturing jobs left in certain sectors in our Country if Chinese keep lowering and lowering the price of their products? Can our Government always protect the local industries with a temporary ban ( like the Chinese Toys banned for six months recently ) or keep on imposing anti-dumping duty? I know there is no easy answer to this China question! On the other side, we hear about China's problems - being an export depended economy how they are hit badly with present recession, its scarcity of middle managers, poor Intellectual Property Laws and the massive number of poor farming families moving into unprepared cities with not enough jobs to support them. We have also heard about Country's Banks troubled with close to 20% bad loans.
But I feel, for China these aren't mountains to be scaled, and they have grown big enough to handle any crisis. Increasing prosperity from spectacular economic growth over the past twenty years has given the Chinese enormous self-confidence. And China has more, a massive pool of low-cost, hardworking laborers and a rapidly expanding number of well-educated engineers and English speaking youngsters.
And, then, they have their work ethics, which may be their single biggest strength. Entrepreneurship and competition seems to be baked into the Chinese culture. During my last visit to China, I was watching a Television Program on the legendary political leader and statesman of Communist China, Mao Tse-tung. It showed his visits to all the villages and in all his speeches, he kept on telling his country men one thing, "work hard, work hard for the country " . No wonder, even today they follow Mao's ' work hard for the country policy '. I was at a city called Taishan and a girl visited me to have a business discussion traveling 320 Kms! She said every day she's at the office from 7.00 am until 6 p.m, goes home to join her husband and son for dinner till 8.00 pm., and then returns to work until midnight. " This is very typical here ", she said, six days a week " !
So faced with the inevitability of China, what do we do? First and foremost, get out of the tank. The sense of panic I heard from my friend is perhaps understandable and he could be one among several like him, but it doesn't take us anywhere.
It's not as if our country is next to any other country. We have a large consumer and industrial market, all thirsting for products, with great brands and distribution networks. We have an open economy and mature legal systems. Ours is a transparent society with democratic government and good education and good social systems. Even though the world has just discovered it, our growth story is not new and we are heading to be the world's largest economy sooner or later.
Our business has fully developed management processes. Many of our Corporates have gone global and successfully acquired several Big Brands and Companies. The rise of globally competitive Indian Companies like Reliance, Jet Airways, Infosys, Wipro, Ranbaxy, Tata Motors, TCS, Bharati, ICICI tells the story of Indian success. I am sure, the Indian success is market led whereas China's is state induced.

 source: google

Popular posts from this blog

Overview of Social Media Marketing

Social media marketing refers to the process of gaining traffic or attention through social media sites. Social media itself is a catch-all term for sites that may provide radically different social actions.

Use social media marketing to listen, analyze, publish, and engage across networks. Align your marketing, customer service, and sales efforts on social — strengthening customer relationships.

Listen and analyze. Hear conversations from over 650 million different sources with social listening tools. Discover what consumers are saying about your brand, your products, and your competitors. Discover trending topics and influential conversations — then use that information to inform your marketing decisions.
Plan and publish. Plan, execute, and track social media marketing campaigns. Customize and craft your content from multiple sources, while protecting your brand with configurable approval rules and a full audit trail. Manage social strategy, tailor campaigns, and drive social awareness…

Why Digital Marketing and Web 2.0 Important To Business?


Digital marketing technology helps you understand and reach your audience most effectively so you can generate the most revenue.  For advertising campaigns, ad serving technology makes it possible to serve the right ad at the right time to right person.  That means your advertising is being as productive as possible. When technology is working for you, you’ll understand your audience at a whole new level, and it will show up on your bottom-line.

NEED FOR THE STUDY The pace of change in today’s business environment is faster than ever. New markets, technologies, and opportunities are arising on a daily basis. Current ways of doing business need to be adapted or they will become outdated. Organizations and enterprises have to become agents of evolution to be successful; as victims of evolution they risk failure. With so many dynamics operating in the global economy, Digital Marketing is now more than ever an effective tool to make a company stand out from the pack.

The pe…

Rural and Urban Marketing Linkage

Some general principles need to be clarified to provide a basis for understanding food-marketing systems within a development context. In order to make any effective interventions in a marketing system it is necessary to define the types of marketing channels, their linkages and functions.
The term “market linkages” is often referred to in the literature on rural development. what precisely does it mean? The term linkage obviously implies a physical connection between the producer and the ultimate consumer. Linkages also involve financial transactions - the selling and buying of goods - and can be broadly defined in four different ways:
by the form of financial transactions or type of intermediaries who undertake the transactions;by the channels through which transactions occur and the type of facilities used for transactions;by how they are linked together by transport and communications networks;by the spatial distribution of transactions - where they occur and whethe…