CHEAP Chinese goods are flooding the Indian markets and Indian industry is finally waking up to the flip side of globalisation.
As a wide range of cheap Chinese products flooded the Indian market, some local industries were adversely affected, while others benefited by using these products as raw materials
The Chinese are exporting to India a wide range of low-cost consumer goods that have a mass market in India such as kitchen-ware, textiles, electronic items, furniture, toys, cosmetics, footwear and accessories. In fact in the last four years, there has been a deluge of cheap imports
from China tyres, bicycles, watches and clocks, toys, plastics and dyes, and bulk drugs
In the very near future Indian scooter and motorcycle manufacturers are going to face
stiff competition from the Chinese. The sector that will be worst hit will be the smallscale
sector. The Chinese export import corporations are financially stronger, have more
efficient processes and turn out goods at extreme
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