India China Tensions Cause $15 Billion Loss to Electronics Manufacturers | Vantage with Palki Sharma

India China Tensions Cause $15 Billion Loss to Electronics Manufacturers | Vantage with Palki Sharma

Amid growing border tensions between India and China, Indian electronic manufacturers are raising concerns. They claim the border tensions is hurting business, causing losses to the tune of $15 billion. Recent reports claim, India has been reviewing its visa policies. The easing of curbs may lead to more visas being issued to skilled Chinese workers. But India's import dependence on China is seen as a security risk. Experts believe Beijing could use this trade dependence as leverage against New Delhi. Palki Sharma tells you more about the potential risks.

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India | China | Trade | Border Tensions | Imports | Economy | Manufacturing | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#india #china #trade #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[jacob]

I am a electronics product development engineer by profession. The fact is India does not manufacture basic electronics components and even if it tries the components cost is higher than the Chinese manufactured component prices even after importing them and paying 100 % customs duty. The reason is India has to import raw materials from China to manufacture the components. We claim we manufacture iPhone's in India but the truth is we just assemble the parts which are imported from China. India does not manufacture the lcd displays of any mobile phones we just import them. In any electronic product manufactured in India 60 to 90% components are Imported from China. In other words we are 15 to 20 years behind china and we cannot compete with them because India does not have mineral resources like china, when PM talks about make in India the Chinese will be laughing at us because it's a joke.

[biswanathdutta]

Why call them electronics manufacturers? Call them importers

[ID-melf]

Didn't you tell people in the past that China had collapsed and that most of the manufacturing industry had moved to India? Why has it changed again?🤔

[mercedesbenz]

Indian markets and Flipkart/Amazon are still full of Chinese products. Just today My sister ordered a smart watch from flipkart for my 12 years old cousin and it was made in China just like every other electronic thing.

[xjffunr]

I almost never hear of scathing remarks on India from Chinese streaming, but everyday I hear veiled toxic remarks from India media about China. There must be some restraint if you want less tension.

[b.l.]

average people iq china 105 vs endia 76. the quality rather than quantity of people is the key. period

[Ben-vrqz]

I love it when she said China is back on top 😂

[YangLeeZhao]

Companies are moving their production from China to India

Palki 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 😂😂😂😂

[TedrosAdhanom.]

The whole world should thank India and Indians and especially Modi for their nonstop comedy they provide free of charge 😂

[jameswong]

Take my words, next year the deficits even more, despite how palki ji shouted .. thanks to the people of India 😊

[YangLeeZhao]

India's not only dependent on China for goods, India's dependent on China for good 😂😂😂😂

[billywakwabi]

Palki, India cannot develop without China 😂. It needs technology know-how from China. China is the manufacturing and economic superpower

[michaelli]

Ms Sharma, wow i am impressed, you did NOT called WUHAN VIRUS THIS TIME, you mentioned " PANDEMIC " this time, are you okay ?

[Aftermath-News]

A day without Jealousy towards china, is a day wasted.---India

[busbusad]

lure them in, then steal everything from those foreign investors.

no doubt that more and more foreign investors are leaving India.

[Kai-icmp]

Why she looks so grumpy and jealous every time when she compares India to China? 😂

[halo]

To the newscaster.. If you are so unhappy with China, then have a clean break.. If you feel the price of India’s companies bankrupting from losses justify the means then just do it. Stop talking and do it. Else people will treat your reporting as barking..

[rexteo]

Redmi 10years investments forfeited. Google, Fords, Fonxx Investments were withdrawal or cancelled. Electricity and Water supply connections are major issue. Briefcase system and Caste system.

[waynegore]

India is number one!
Palki Sharma is number one !!!

[Sara_Kuster]

there is no china + 1, its china + china, because most of the companies in vietnam, thailand and india are chinese manufacturing companies