Crimemaster
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- Joined
- Jun 10, 2020
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Here's the thing, you can start to boycott china and put an economic sanction. But will it work??
What does china exports to India?
Mechanical & heavy electrical equipment:- This equipment is made by German and South Korean companies in china. For the Mumbai metro, all of the tunnel boring machines came from china.
Energy sector:-
95% of India's solar panel comes from china. Till will take Adani to start manufacturing in India 3-5 years.
Our heavy equipment industry is not ready for the construction of these equipment as soon as we start blocking Chinese imports.
We need a proper blueprint to start manufacturing niche technology.
Economic survey 2020 says we have to chart china like growth and export strategy to reach $5 trillion by 2025. , Well it was before the pandemic hit us.
Without a fast-growing economy, we can't go on building proper infrastructure. So blocking china completely is most probably hit us harder.
Proper planning and a cool head is need of the hour.
What does china exports to India?
Mechanical & heavy electrical equipment:- This equipment is made by German and South Korean companies in china. For the Mumbai metro, all of the tunnel boring machines came from china.
Energy sector:-
95% of India's solar panel comes from china. Till will take Adani to start manufacturing in India 3-5 years.
Our heavy equipment industry is not ready for the construction of these equipment as soon as we start blocking Chinese imports.
We need a proper blueprint to start manufacturing niche technology.
Economic survey 2020 says we have to chart china like growth and export strategy to reach $5 trillion by 2025. , Well it was before the pandemic hit us.
Without a fast-growing economy, we can't go on building proper infrastructure. So blocking china completely is most probably hit us harder.
Proper planning and a cool head is need of the hour.