Chinese Toys in India PDF
Chinese Toys in India PDF
Chinese Toys in India PDF
INDIA
MADE BY CRYSTALIN
CATHERINE
ADLIN
BANASHREE
BHUMIKA
ARLENE
CLASS X
DIV ‘G’
SOCIAL SCIENCE PPT
CHINESE PRODUCTS IN INDIA
WHY CHINESE TOYS ARE FAMOUS In
the world?
CHINESE TOYS ARE POPULAR IN INDIA BECAUSE CHINA IS A
COUNTRY THAT IS CONSIDERED TO HAVE AN OPEN ECONOMY WITH
A HIGH STANDARD OF LIVING IT IS ALSO A COUNTRY WHERE
SEVERAL GOODS AND SERVICES ARE PRODUCED ON A LARGE
SCALE IT IS HOME TO BOTH SMALL SCALE AND LARGE SCALE
INDUSTRIES CHINA IS A VERY WELL KNOWN AROUND THE WORLD
FOR ITS PRODUCTION OF TOYS THE RESON BEHIND THIS IS CHEAP
LABOUR AND NEW DESIGNS DUE TO CHINA S HIGH POPULATION
FINDIG LABOUR AT LOW COST IS EFFORTLESS THIS MAKES THE
PRODUCTION MORE ACCESSIBLE WHILE HAVING BROAD EXPOSURE
TO NEW DESIGNS MAKE THE PRODUCTS PRODUCED UNIQUE HENCE
FOR THESE REASONS MANY COUNTRIES IMPORT TOYS FROM CHINA
CHINESE TOYS
DISADVANTAGES OF CHINESE TOYS
IN INDIA
As an effect of China's toys, the Indian toy market suffers
losses.
Chinese toys outperform Indian toys in a match between the
two.
As a result of lower sales, Indian toy manufacturers are in the
danger.
India's electronic sector is so dominated by China, making it
challenging to turn a profit. Consequently, they lose.
Indian goods are facing a crisis today due to the low cost of
Chinese products.
ADVANTAGES OF CHINESE TOYS IN INDIA
Chinese electronic toys are significantly less expensive than toys from other nations,
and India has a sizable middle-class population who prefers affordable goods.
In addition, Chinese toys are imported, which benefits the Indian economy by giving
Indians work.
For Chinese toy makers, this provides an opportunity to expand business.
The price of Chinese goods is 10-70% lower than that of Indian goods. Low price,
bulk availability, and variety are some of the favourable features of the Chinese goods
in India.
The production cost of the products is lower. This is due to Chinese manufacturing,
which has numerous specialized companies that offer a wide variety of products with a
high level of quality and technology. This allows them to offer products at lower prices.
In addition, China has an extensive transportation network, which allows companies
importing goods from China to save on shipping costs.
TOYS IMPORTED FROM CHINA TO
INDIA.
there are many types of toys that get imported from China
to India every year, currently, India has imports toys worth
over $600 million from China. China attract the people by
giving them variety of toys such as plastic dolls, electric
toys, cloth toys and etc which is cheap and affordable.
now the question comes ''why are Chinese toys so cheap in
India'' chinese goods are imported on a large scale so the
local authorities in China provide several benefits such as
government protection, subsidies on purchasing land as
well as exporting and loans at cheap interest rates. this
encourages them to reduce the cost of the product.
•the local authorities in China provide several benefits
such as government protection, subsidies on purchasing
land as well as exporting and loans at cheap interest rates being the top
source, followed by Sri Lanka, Malaysia, Germany, Hong Kong, and the US•It is
very safe to buy products from China, but it is important for the buyer to have the
right information about the process of buying safely.•In India, Barbies are the most
popular toys apart from barbies there are also many popular toys in India like Nerf
guns, Hotwheels, and Remote control cars and for toddlers and kids, there are many
educational toys available.•Because of the cheaper prices and new designs, Chinese
toys have become more popular in the Indian markets. Within a year, 70 to 80 percent
of the toy shops have replaced Indian toys with Chinese toys. Toys are now cheaper
in the Indian markets than earlier.
Chinese toys have had a significant impact on the Indian toy market. Here are some key
points:
•1. *Affordability*: Chinese toys are often more affordable than their Indian
counterparts, making them accessible to a wider range of consumers.2. *Variety*:
Chinese manufacturers offer a wide variety of toys, including electronic gadgets,
which cater to the diverse preferences of Indian children.3. *Competition*: The
influx of Chinese toys has intensified competition in the Indian toy industry,
prompting local manufacturers to innovate and improve their products.4. *Quality
Concerns*: There have been concerns about the quality and safety of some Chinese
toys, leading to increased scrutiny and regulations by Indian authorities.5. *Market
Share*: Chinese toys have gained a significant market share in India, impacting the
sales of domestically produced toys.6. *Trade Relations*: The sale of Chinese toys in
India has been influenced by geopolitical tensions between the two countries, leading
to occasional boycotts and disruptions in the supply chain.7. *E-commerce*: The rise
of e-commerce platforms has facilitated the import and distribution of Chinese toys,
making them easily accessible to Indian consumers.In recent years, there has been a
growing emphasis on promoting indigenous toy manufacturing in India through
initiatives like "Make in India" and stricter quality standards. This has the potential to
reshape the Indian toy market and reduce its dependence on Chinese imports.
CONCLUSION:
Markets have been transformed in recent years as goods become cheaper and have
many choices for the user and high competition among the makers of goods and
services.
Markets have undergone a significant transformation recently. Globalization and
liberalization have made it easier for products and services to travel freely
between international marketplaces.
Due to increasing product rivalry brought about by the free flow of commodities,
prices of similar goods are now equal.
The availability of a wide range of items has also improved the situation for
customers, and the competition in the goods and services markets has also
increased.
As a result, customers can buy products that meet their needs. Because more
employees are hired to meet demand when new manufacturing facilities operate in
a nation, there are more job opportunities due to globalization.