Recently, Prime Miniter of India stressed on the need to develop more and more products of Indian origin so that the Indian dependence of international import decreases. Today, we have a trade deficit with many countries and China is on the top in this category. Even small-2 items like Rakhi, Decorative items, Indian idols, and many inexpensive things are coming from China. The problem is that we become dependent on everything in China. There are many big names and big brand in India who depends on Chinese raw material or parts for the completion of their products. Sometimes, they import up to 90% of material from China and later assemble them in India by level them as Indian products.
Such practices also need to be addressed and we should start developing all things in India with no material imported from any other country. By encouraging the businesses to make products in India, we can help India in becoming a development hub. Supporting Indian brands and products means we are supporting our own country and help millions of people in getting jobs. When we use products manufactured in other countries then we help in job creation in those countries and make those countries rich. China is biggest example in this regard and how it has transformed itself into global manufacturing huge. They make products in huge quantities for multiple nations and markets, therefore the cost of their products is always less than the cost of products in the local market.
Many money-minded businessmen find it very easy to buy products from China at a low cost and sell it in India at a higher cost. Instead of establishing a factory and employing people, they prefer to buy products from China and rebrand them as their own products. Even countries like the US have learned this lesson and they are forcing many companies to either make their products in the US or face hefty fines. The emergence of China as a strong nation is only due to its command over manufacturing. India is the only country which can give a challenge to China because of its high population and geographical location.
One of the greatest examples present in front of us about the success of India is its fast approach to become the world leader in the manufacturing of Sanitizer, Marks, and PPE kits. India achieved this milestone in less than six months' time. Like this India has many more potentials than this. If our businessmen become determined to achieve more than we can see more success stories in the future. You can find many Indian origin products from the Indian startups who are working hard to make India non-dependent on others. By buying and sporting Indian origin products, we can do a great favor to our nation.
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