US-China trade war can make Indian products competitive
NEW DELHI: With the US imposing additional 25 per cent duty on imports worth $34 billion from China, certain Indian products may become more competitive, Confederation of Indian Industry (CII) said on Sunday.
An analysis by the industry chamber revealed that India should focus on the US market for items in the categories of machinery, electrical equipment, vehicles and transport parts, chemicals, plastics and rubber products.
"India can focus on numerous goods for expanding its exports to the US and China markets following the hike in duties by both countries on imports from each other," CII said.
Top exports from India to the US which are covered in the list of items for which tariffs have been hiked include pumps, parts of military aircraft, parts for electrodiagnostic apparatus, passenger vehicles of 1500-3000 cc, valve bodies and parts of taps, said the chamber.
Exports of these items stood at over $50 million in 2017, according to CII, and can be increased with concerted efforts.
Countries such as Vietnam, Indonesia, Thailand and Malaysia have increased their exports of these products to the US in recent years, the chamber noted.
"Sectors like apparel and textiles, footwear, toys and games and cell phone manufacturing are becoming competitive industries in India and need to be encouraged," CII said.
The chamber suggested that the trade dialogue with the US should be strategised taking into account India's competitive advantage in these products.
Moreover, foreign direct investments from the US should be encouraged by boosting confidence of US firms in India's business climate, said CII, adding that this might necessitate addressing their concerns regarding non-tariff barriers in India for better long term outcomes.
In the domestic industry, it stated that it is important for India to enhance productivity while adding technology to its domestic production in the identified products.
CII examined 818 product lines where the US has raised tariffs for imports from China. Between 2012 and 2017, China's exports to the US have moved up the value chain with accelerated growth in high-technology items such as telecommunications equipment, automotive, cell phones, etc.
来源：三泰虎 http://www.santaihu.com/45752.html 译者：Joyceliu
good for us as at last the Americans have realised that the Chinese were fooling around far too long..
If we will self-manufacture for our country's large consumer market and will have to capable to export them, rather than import to China and usa will be worth exporting to them, then there will be no wealthy country after us, but we will have to make a lot of improvements for this, which only Modi can do.
Lot of opportunity for India out there. Time to make the most of this opportunity.
Chinese are hard working and very neat in finishing any products. Indians are good at table work like software, diamond industries, education. Life progress is about state of mind and Indians are very much lacking to match international standard is the fact. I personally failed to sale few of Indian products in USA market due to bad quality and bad packing and lost lots of money in year 1994. India should focus on R & D with its brain power and create military armaments hardware for export.
High hopes! what kinda analysis is this? We've fostered generations of sleazy entrepreneurs & regulatory officials who are deep-rooted parasites in the system.
We've a worthless education system that gives away high marks to everyone. No one passing through it has been challenged to think! It produces millions of youth who have some certificate yet have no useful knowledge. The reservations for the under-classes haven't satisfied their increased aspirations & yet aroused the ire of the truly deserving. The universities we've are rather hotbeds of politics rather than any learning.
In all this, there is no one who values hard-work or invention. Everybody aspires to be rich without doing any work, or even by exploiting & deceiving others. Our great industries aren't known for their invention!
Really, we are a very long way behind either of China or the US. The idea that we could profit from their decline is absurd
As usual, Indians always talk about their great potentials, only potentials, never any real products.
Government can not ban Chinese by any means. So it can be done only if Indians stop buying Chinese products. Choice is ours....
WE DON'T INNOVATE .... SO IT IS DIFFICULT TO GRASP THE OPPORTUNITY !AND WHY TRADE INDUSTRY BODY IS SAYING "SHOULD ..... ETC. "
THE RIGHT THING FOR IT TO SAY IS ," LET US ........ TAKE ADVANTAGE OF THE AND AVAIL GOLDEN OPPORTUNITY , ARISEN .... "
Well, where is production?
Opportunities for every country. Unfortunately, India has nothing to export except sl ve laborers and H1-B visa beggars.
Best time to get rid of Fekuji to get the best benefit of this trade environment.
To begin with immediately stop importing products from China !!!!!!!!! .......
Forget India competitiveness ......unless collaboration among big corporates, Bank loan policy for Industry. In current financial scenario India is no more comparative. India is good market to consume that"s it.
The quality offered by Vietnam, Thailand, Indonesia, Malaysia is far better than one offered by India , so also prices more #competitive, where is #space for exports.Plain talk makes no sense
If indians stop buying made China products then India will be super power
truth is god god is truth
Another master stroke by Modi and all pigs also realize the effect of Modi and his rule of behind the scenes pulling strings to make Dragon China into a pigmy dog hahahahahah.
Only if India can set up the Supply Chain and Infrastructure quickly. I believe with the GST in place and with the cast manufacturing capacity potential, the real bottlenecks are skilled personnel and Import/Export infrastructure. It is still just so difficult to import anything and export anything. On the personnel front Both the school education and higher education system needs a reboot. We have been going from good to bad to worse with students coming out with useless degrees and not capable of doing anything meaningful. The entire younger generation seems to have been misled by social media.
This will change the trade competition balance between India and China. A good opportunity for India to develop, grow and get stronger.
In recent times Pakistan''s textile export has increased. Bangladesh also exports cotton textiles. In recent times Pakistan exports more mangoes to Europe and America than India.india should make long term export friendly policies.
S Gopal Rao
The expansionist minded country China can be contained. Items hitherto being dumped by China can be reduced. For this, this is the opportunity to produce the best of the quality for use as well as export. The toppers of the country can be retained in the country for using their skilled knowledge by not only doing things by themselves but by training the citizens to produce qualitative products. This will raise productivity of the nation. Once we are in the right peddle, we continue to do so. This will attract many countries to purchase items from us. Foreign exchange will increase. Business will increase. Name it as ''Made in India''. Opportunities come once and we should avail them. Instead of our depending on China, we can depend on USA for export of our products. USA will safeguard our interests as is being done lately and will increase in due course and we can stand tall among the world toppers.
Jai Hind. Jai Bharat.
We urgently need to adopt international standards to domestic products so our goods can compete worldwide. GOI should change labour laws after the election next year, to allow Indian small & medium size businesses to compete. Lots of talk about improved governance but not much action since this go nment took over.
Bad days of China are ahead in business war with USA. New rule of business will rewritten to make equal level field for every where. Now cunning and unethical way of promotion of business which are followed by the China will not work. The dream of one belt- one road will shatter.
Quality of products needed, China will never come back.
A Modi Media Jumla ! South Korea will be the biggest beneficiary.
In general, Indian products are better than chinese state-sponsor thieves. China cheats by providing subsidies and artificial currency manupilation. Not to mention, steals technologies, from everyone.
First focus must be on producing quality goods and services. Not just thos jagaad kind of cheap quality goods from Gujarath, Ludhiana etc.. Then we may think of competing with China. China only exports cheap goods to India Pakisthan and Srilanka. Because people in this region always want to live it cheap. That is the mindset.. Kaam chalaavoi kund.
Keep Dreaming Bhakt sons of Whores. Under FEKU US exports are at all time high this year and trade deficit of US with India has fallen.
India is smiling watching all.