China has nearly replaced every product on American shelves with Chinese made products.
India will also witness the exact same situation if we give Chinese a free pass.
China invests in building and cultivating an ecosystem from the Peon to the PMO and it will happily wait for 30 years before wresting control.
Indian traders+importers and Chinese manufacturers happily push finished goods into the country as scrap.
If you go to JC Road(automobile spares hub of Bangalore), you get Chinese tyres selling for half the rate of MRF or Michelin tyres. How do they manage to do that? They import it as scrap and circumvent all duty .
The containers are seldom inspected.
The containers currently stranded at Chennai port is a wake up call for both sides(Chinese and Indians) who have been running merry, greasing palms and flooding Indian markets with cheaper Chinese products. The Govt. knows whats happening but it doesn't act coz its not really high in their list of priorities.
The long term damage is permanent. MSMEs simply fold up with falling orders and the list of closed units is quite long.
If things go unchecked, even our underwear will be imported from China as Govt. increases Taxes, minimum wage, debilitating rules for businesses to even function within existing norms.
Worse, 14-16 hour power cuts which were common till NDA Govt was elected were so common across industrial hubs, MSMEs, textiles, manufacturers suffered immensely and simply could not fill the order book.
What happened next? Orders shifted to China.
It all starts with junk to test the consumers purchasing power and appetite to push for better quality. Then the flood gates open.