No need to inflate the ban on the app ban, India's trade deficit with China at around Rs 49 billion

- India's imports from China are 65 65 billion and exports are only 16 billion!
- India perfume .. Tatra .. Dependence on China everywhere: Influence on automobile, TV, pharmacy, medicine, chemical, startup

Ahmedabad. 1 July 2020, Wednesday

The central government's ban on 59 Chinese apps in India may seem like an attempt by India to infiltrate the Chinese border and create a surgical strike, but according to satellite images obtained by the agency, China infiltrated Galvan more than 400 meters east of India's border in Ladakh. Missed. India has attacked China's 'app' instead of responding to China on the border.

However, the reality is that India is so dependent on China in its auto, pharmacy, medicine, chemical, infrastructure, sports and startups that if it imposes sanctions on China, these industries will be in crisis.

India imports 65 65 billion from China while India's exports to China are only 16 16 billion. Thus the trade deficit can be said to be 49 49 billion. What is the alternative if we ban Chinese imports?

If we don't buy Chinese phones, TVs, gadgets, Indians have no choice. If Chinese investment in Indian start-ups is withdrawn, will any Indian investors come? Moreover, 88 start-ups have been made possible by the Modi government's investment like China from 2015 to 2019, with 18 of the top 30 startups having Chinese investment. China's influence on India's industries is worth watching.

China has a 76 percent share of the mobile phone market
Xiaomi (China) - 31%
Vivo (China) - 21%
Oppo (China) - 11%
Realm (China) - 13%
Samsung (South Korea) - 16%
Another 08%

Indian TV China's 49% market share
Xiaomi (China) - 33%
TCL (China) - 9%
Vue (China) - 7%
LG (South Korea) - 13%
Samsung (South Korea) - 14%
Sony (Japan) - 10%
Other - 14%

Chinese investments in startups
- Alibaba / Ant Financier: India's રોકાણ 2.7 billion investment in Paytm, Snapdeal, Zomato, Big Basket

- Tencent: Policy Bazaar, Ola, Udan, Flipkart, Beiju, Dream XI, Hyde, Swiggy (total investment બે 2 billion)

- Shunvel Capital: Zomato, Misho (total investment કરોડ 150 million)

- Healyhouse: Swiggy, Flight, Credit (total investment 16 160 million)

- T.R. Capital: Flipkart, Lenskart, Urban Ladder, Big Basket (full investment 11 110 million)

27 per cent Chinese parts in automobiles

- 27% of goods in the automobile industry are imported from China. India then imports 14 per cent from Germany, 10 per cent from South Korea, 9 per cent from Japan, 7 per cent from the US and five per cent from Singapore.

- China's MG Motors, BYD Motors, Coalsite YAP Automobile Company have launched their electric cars and hybrid cars, buses.

70% of the goods in the pharmacy are from China
- China's raw materials are 20 to 30 percent cheaper than India's.

- Pharmacy company Ajanta imports 100% pharmaceutical ingredients (Active Pharmaceutical Ingredients-API) from China. Alchem ​​imports 70 per cent, Aurobindo 50 per cent, Cadillac Healthcare 45 per cent, Cipla Cancer and respiratory diseases API DRDO 45 per cent, Strides 45 per cent, Sun 45 per cent and TRP 70 per cent API from China.

- China accounts for 15% of all processing in the chemical industry.