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4 answers

It is a global market. Its not just India that is flooded with products from China. It is the standard now in almost every free country.
The reason ? Labour is cheap in China, the same reason why the USA's call centers were shifted to India(youth in India know English & work for lesser salaries). So, it doesn't mean that the USA / India is not self-dependent.

2007-03-25 09:51:38 · answer #1 · answered by daffy duck 4 · 0 0

The Indian notion of self dependence is a narrow, closed economy mind-set: we do not want to buy anything from abroad in the name of self dependence. This view has been imparted to us by some of the Freedom struggle leaders. This view has led us to remain poor, depend on others for new technologies and new products and copy the West without acknowledging that we are copying. This is sad.
An economy is either strong or weak, rich or poor, vibrant or dull. The economy that is strong, rich, vibrant is so because it can produce world class products and export some of her products outside at the most competitive cost/ price and thereby earn adequate power to purchase other world class quality products at the lowest cost from other countries. Here self-dependence arises out of and based on efficiency, innovation, skills, productivity, competence and international competitiveness. If the Chinese can dump their goods in India, why can't Indian producers dump Indian products in Chinese markets? Those who cannot are weak and cry for self-dependence. Those who can do just that and make India self-dependent.
The quicker we erase the teachings of leaders who were afraid to face foreign competition the better for us.

2007-03-25 17:50:38 · answer #2 · answered by sensekonomikx 7 · 0 0

The world is getting more and more interconnected. If the Indians didn't speak english they might not have gotten the contracts to be answer service companies for America. But it is not easily seen what influences China has with India.

When a company like Intel decides to build an integrated chip factory China will compete with India to be the site for a factory. When computers are assembled in China, the increase in computers will cause an increased need for software in which India produces. There are probably hundreds of cause and effects that are not easy to decern. In a global economy when one market starts to fall the decrease in money spending will effect other economies. The days of truly independant economies is long past, get used to it.....

2007-03-25 16:58:02 · answer #3 · answered by Philip H 3 · 0 0

We always were self dependent,it's just the government has put a halt to our dependence,and instead has contracted the foreign governments to do the task so are money goes to them through our government.

2007-03-25 16:52:20 · answer #4 · answered by Anonymous · 0 0

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