siegecrossbow
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As Chinese imports boom, what happened to Modi’s ‘self-reliant’ India?
Indian traders and manufacturers are struggling to end their reliance on Chinese goods partly thanks to a lack of high quality, locally made alternatives.
India has introduced a slew of measures this year designed to curb China’s economic presence in the country – from banning hundreds of mobile apps to restricting Chinese investments – but for many Indian traders like 31-year-old Sameer Thadani, reducing their dependence on Chinese imports is proving more of a challenge.
Thadani’s company, Sentai Metals, imports fittings such as locks, chains and buckles from China that are used to produce high-end luxury bags, which are ultimately exported to Europe. He said he fears clients would “walk away” if he opted to offer India-made alternatives instead.
“Indian fittings are not able to match the quality of Chinese fittings. If the fittings look shabby, the whole look of the bag is ruined,” he said. “Would you feel like using a bag if the metallic brand logo on it was scratched out?”
What kind of crappy metal are they using so that even the metal logo can get scratched out?