Indian goods vs chinese goods

by Mohammad Eliyas Siddiqui

1. INDIAN GOODS VS CHINESE GOODS by Mohammad eliyas siddeeqy

2. Indian goods Indian is the fastest growing economy in the world. According to recent data. In past four year India’s export amount risen by 44 percent , In 2014 India export all over 318 billion dollars. According to statistical report GDP(gross domestic product ) has accumulated to more then 7.9 trillion dollars in this year export contributed around four percent to India’s gross economic output during 2014 10 commodities were export the most and fetched foreign currency for India 1 petroleum product value :- 61.2 billion dollars 2 precious stones value :- 41.2 billion dollars

3. 3 Automobiles Value :- 14.5 billion dollars. 4 machinery value :- 13.6 billion dollars 5 Bio-Chemicals value:- 12 billion dollars 6 medicines value :- 11.7 billion dollars 7 cereals value :- 10.1 billion dollars 8 Iron and Steels value :- 9 billion dollars 9 Textiles value :- 9 billion dollars 10 Electronics value :- 9 billion dollars

4. Why indian manufacturing quality is good 1 Raw Material Factory in India are sticklers about testing and retesting and carefully that the raw materials. 2 Engineering Resource India has engineers, Lots and lots of engineers and most are bilingual. 3 Quality Equipment Indian factory as they ownership demands quality equipment to manufactured their product 4 Quality Measurement Tools Indian owner in India rely heavily upon world class measurement tools and machines

5. 5 Family Factory 6 Careful Transparent 7 History

6. CHINESE GOODS 1 COST EFFICIENT LABOUR The nation that china has the world’s lowest paid labour 2 COMMENDABLE SUPPLY CHAIN Supply chain activity transformation natural resource , raw material and component into a finished product that is delivered to the end of costumes

7. 3 Competitive Pricing. China can afford to price so competitively because it does not take on certain costs. Such as R&D and product innovation , 4 Mass Productivity & Dumping. The component or products going into production really are mass produced at an aggregate cost and china follows strategy called dumping

8. Advantage of Chinese goods 1 Proximity To Your Customer Locate to your operation in china is to be close to your market. 2 Existing customer interested You may have existing customers encouraging you or perhaps even demanding that you establish operation there. 3 Attract New Customer With an operation in china you can also more readily identify and invite potential new costumer 4 Management To Objects You may also be receiving encouragement from management to establish some level of manufacturing in china.

9. DISADVANTAGE OF CHINESE GOODS 1 Utility Process And Gas Cost A) Electricity :- The cost for electricity is significant higher in china B) Natural / LPG Gas :- Natural gas and LPG higher cost significantly in china C) Process Gases :- process gas like nitrogen and hydrogen are also higher in cost 2 No Guaranty Chinese product no guaranty to how long work it is