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Cronyism or protectionism? India halts import of electronic items

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I can give it in a writing that not a single Balton product will sell in India.

Why worry? You cannot afford these. Selling is only relevant when a population can afford something.

Avg. laptop (like that Jiobook shown) sells for around Rs. 16,000. Bangladeshi basic laptops start at around Tk. 25000 and they're far better spec'd than that Jiobook garbage.

The images I put up is just to show how vibrant Bangladesh market is unlike the beggar market in Modi-land, where tariff has to be 0% so pujaris can afford it.

Let's put 300% to 800% tariff on your cars in Indian market and see how many Indians can afford cars.

It'll be a "paidaley chaley jao" story. :lol:

Same with laptops as @Homo Sapiens and @Species bhai have already shown you.

Lol. India would have 70 startups that have better market capitalization than Balton let alone listed companies. @Bilal9 With all this, why is Balton only making 23 crore taka in profit per quarter?

And yet your bhikharee-level GDP per capita nominal is below ours. End of story and chest-beating.
 
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And yet your bhikharee-level GDP per capita nominal is below ours. End of story and chest-beating.
Screenshot_20230802-095026_Chrome.jpg
 
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Good move to cut off crappy Chinese made stuff.

And yet we love Chinese stuff in Bangladesh. It's some of the best, bar none, regardless of quality and especially because they are aggressively priced. All assembled locally.

But four among five top cellphone brands selling in India are "crappy Chinese" - @beijingwalker look at these beggars talking big.

Pujaris can't make $hit but they are expert chest-beaters.

70% of Indian cellphone market is "crappy Chinese" like Xiaomi, Vivo, Realme and Oppo. :rofl:

Read and cope, Pujaris.


India Smartphone Shipments Market Data (Q4 2021 – Q1 2023)​

Published date: May 9, 2023

A repository of quarterly data for the India smartphone market share. This data is a part of a series of reports which track the mobile handset market: Smartphone and Feature Phone shipments every quarter for more than 140 brands covering more than 95% of the total device shipments in the industry.

India-Smartphone-Market-Share.jpg
Source:
Market Monitor Service
 
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And yet we love Chinese stuff in Bangladesh. It's some of the best, bar none, regardless of quality and especially because they are aggressively priced. All assembled locally.

But four among five top cellphone brands selling in India are "crappy Chinese" - @beijingwalker look at these beggars talking big.

Pujaris can't make $hit but they are expert chest-beaters.

70% of Indian cellphone market is "crappy Chinese" like Xiaomi, Vivo, Realme and Oppo. :rofl:

Read and cope, Pujaris.


India Smartphone Shipments Market Data (Q4 2021 – Q1 2023)​

Published date: May 9, 2023

A repository of quarterly data for the India smartphone market share. This data is a part of a series of reports which track the mobile handset market: Smartphone and Feature Phone shipments every quarter for more than 140 brands covering more than 95% of the total device shipments in the industry.

India-Smartphone-Market-Share.jpg
Source:
Market Monitor Service
Basically assembled in india.

you cant just ban imports and expect problem solved

This will result few Indian companies assemble with help Chinese components and sell as made in india and make lots of money.

Best way to flourish is by embrace competition.
 
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Why worry? You cannot afford these. Selling is only relevant when a population can afford something.

The images I put up is just to show how vibrant Bangladesh market is unlike the beggar market in Modi-land, where tariff has to be 0% so pujaris can afford it.

Let's put 300% to 800% tariff on your cars in Indian market and see how many Indians can afford cars.

It'll be a "paidaley chaley jao" story. :lol:

Same with laptops as @Homo Sapiens and @Species bhai have already shown you.



And yet your bhikharee-level GDP per capita nominal is below ours. End of story and chest-beating.
Lol. Laptops? Only dumb lungis will believe that your shit land actually buys more laptops per capita than India with such a huge IT export industry.

So your smartphones also taxed at 800%? Why are your country paupers are only buying 8 million of them? While India is buying 170 million and 8 million iPhones a year.

What about motorcycles? Lol. Stop talking out of your a$$ lungi.
 
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Cope Rajesh.

Cherry pick and cope. :lol:

170 Million phones a year? Why not 170 trillion ??

Beggars are one thing, but lying beggars are something else.
India’s smartphone shipments grew 11% YoY to reach 169 million units in 2021, according to the latest research from Counterpoint’s Market Monitor service.


Sometimes it helps to learn a bit.
 
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And yet we love Chinese stuff in Bangladesh. It's some of the best, bar none, regardless of quality and especially because they are aggressively priced. All assembled locally.

But four among five top cellphone brands selling in India are "crappy Chinese" - @beijingwalker look at these beggars talking big.

Pujaris can't make $hit but they are expert chest-beaters.

70% of Indian cellphone market is "crappy Chinese" like Xiaomi, Vivo, Realme and Oppo. :rofl:

Read and cope, Pujaris.


India Smartphone Shipments Market Data (Q4 2021 – Q1 2023)​

Published date: May 9, 2023

A repository of quarterly data for the India smartphone market share. This data is a part of a series of reports which track the mobile handset market: Smartphone and Feature Phone shipments every quarter for more than 140 brands covering more than 95% of the total device shipments in the industry.

India-Smartphone-Market-Share.jpg
Source:
Market Monitor Service
Good for you. Enjoy the Chinese crap until you can make better stuff yourself. Nothing wrong
 
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Good for you. Enjoy the Chinese crap until you can make better stuff yourself. Nothing wrong

We do both, our markets are full of Chinese AND locally made stuff AND global stuff (US, EU, Japanese, Korean). Always has been, since Pakistan times. We never ever closed our markets like in India, license raj was an Indian thing.

I myself grew up with 32" CRT Sony Trinitron TV's and 700/800 litre Kelvinator/Ariston fridges, Nakamichi/SANSUI esoteric audio and Bang & Olufsen speakers, something most Indians have never even heard of. To this day, the most common fridge size in India is 250 litres (Godrej). Laughable considering how self-proclaimed "wealthy" Indians are.

We make electronic products in Bangladesh from a basic level, unlike in India - where companies import sub-assemblies from China and slap them together. India lacks design expertise for electronic products and is more dependent on Chinese imports than Bangladesh will ever be.

Compressors, brushless/coreless and Squirrel-cage induction motors (as are all high value items for appliances) are all made in house at appliance producers in Bangladesh. None of it is imported from China. Some high tech items used in assembling appliances in East Asia are imported however, (like OLED/AMOLED screens for cellphones, tablets and TV's, batteries) but Bangladesh is making efforts to make them within our borders. It is a question of volume and sunk costs for machinery.

Walton has invested in making 4K OLED TV screens in-house, but the other producers are yet to catch up. Walton introduced 8K TV's in Bangladesh three years ago (custom 85" and 93" sizes), while only Samsung/LG in India did. No Indian TV brand in sight doing these things.

It is hard for Indians to believe these things because Modi fed them the propaganda about Bangladesh being a nothing place and its citizens being ghuspetias in India. For that one factor alone, Indian products deserve boycotts in Bangladesh.

I feel like I am wasting my breath here - something about casting pearls before the undeserving....

Rate of indigenization for Karbonn, Micromax mobiles (homegrown Indian brands) is somewhere around 10% or less - even the friggin' bar code labels are reportedly imported from China. Indian industrialists do not care about providing jobs to locals - all these PLI BS and garbage notwithstanding.

No one buys homegrown electronic or appliance brands in India anymore maybe except Godrej. IFB (formerly a halfway reputed brand) is hanging on by a thread - in a large town like Kolkata they have five outlets altogether. Their appliances have more than 70% Chinese components (motors, compressors, electronics, you name it). I have seen this in their showroom myself. Sad - very sad.

Slapping things together with no local value-addition and hoping things will sell.

For the last two decades modi-land's doors were flung open and because Indians got a taste of the world's products - all of a sudden they think India has turned into America or Canada. But the shallow millimeter thick dhokeybaaji about "acchey-din" and bharat becoming a "force to contend with" only goes so far.

Meanwhile the rate of street-defecation and cow-pee consumption continues unabated. And Bhagwan's Dalit subjects can't pray to him in Bhagwan's houses....
 
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Any Indian brands making these products? I mean from scratch level with housing etc., not assembled from overseas parts...
I went through their finances, let's forget for a second this company is yet to release its 2022 finances, their AGM report is just one-page bullshit, with no quarterly financial reports, and inconsistencies in their cash flow statement. How do you even allow such companies in your country? Guess no regulatory framework to reign in on them, is there?

No Indian company should compare itself to Walton, rather no Indian company would be allowed to run like Walton.
 
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Dude, it is for projection in 2023. We dont know what will happen for the rest of the year.

In comparing GDP per capita, better compare it to the real one which is 2022 where BD per capita GDP is still higher than India.

We know brother, all these Hindu extremists do - is to dwell in cherry-picked lies. Sigh. :(

We Bangladeshis got tired of dealing with these people.

I went through their finances, let's forget for a second this company is yet to release its 2022 finances, their AGM report is just one-page bullshit, with no quarterly financial reports, and inconsistencies in their cash flow statement. How do you even allow such companies in your country? Guess no regulatory framework to reign in on them, is there?

No Indian company should compare itself to Walton, rather no Indian company would be allowed to run like Walton.

Maybe they should hire you as their CA/CPA..... 8-)

You could teach them a few things on how to "cook" the books, a la ENRON.
 
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