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....