If Govt:makes any import guidelines then prices of good quality
products will fall drastically as more qty will be imported to India.
blr_p said:If i was a premium PSU manufacturer and India decided to ban low quality imports i would be guranteed of windfall profits as everyone would have no choice but to buy from me. Where then is the all important question of lowering my asking price![]()
I think its because if the product is too expensive it won't sell here, which vendor is going to take up inventory in this case.cri_sss said:We in india will get inferior products when compared to US,EU as one is we don't have strict rules to reject the products from MNC and other obvious reasons.
If one is willing to pay more then one can be assured of getting anything western over here. I think its question of volume, if the demand is low then the asking price is high & vice versa.cri_sss said:Well i will give an eg a colleague of mine who was with moserbaer(cd/dvd production line) before and he told me that we in india will get third quality products and most of the best quality ones goes to us/europe. actually we don't know these things unless and without an insider. Well an indian company is doing like this how come we can expect a foreign mncs.
What about the price though ? Will those products sell here.cri_sss said:the product bought from us or singapore are more superior in quality and longevity is more that's why if we have a chance we are buying and ofcourse price is another factor. this is not assumption but its very difficult to prove but is true.
You must have read how upset the west is over the trade imbalance with China & her refusal to revalue the yuan. They are not exactly keeping quiet but what can be done is limited as they are so dependent on those cheap imports in the first place.cri_sss said:And these i'm taking about top mncs iteself. Then how come u expect cheap chinese products. they will dump their inferior products to india for cheap otherwise how come u see lot of chinese products like toys,mobiles etc. if they do this in europe and in us then the respective govts. will put anti-dumping fines to china and will blacklist those companies. But in india do we expect them? never ..
Not sure what the answer is here. Is something stopping better products coming into the market and if so what ?cri_sss said:As a consumer we are in helpless situation as we can't do anything but to buy from them.
I don't know if more govt is the answer, but less duties, redtape will make things easier. Problem is there are many ppl that are being serviced by all these extra levies and dumping them might create a political problem.cri_sss said:See here again govt should take care that no company monopolises the situation and should take care of prices should not go.
Whats problematic here is going down the examples route and applying that to the whole process. Sure you can quote me examples where low quality might have caused health problems but to regulate everything because of a few is ill advised.cri_sss said:banning the low quality products should be done for the saftey of the people and also saving to the govt indirectly. so the laidback nature is one of the reason for these things.
cri_sss said:See here again govt should take care that no company monopolises the situation and should take care of prices should not go. banning the low quality products should be done for the saftey of the people and also saving to the govt indirectly. so the laidback nature is one of the reason for these things.
Lord Nemesis said:No govt can dictate pricing policies to companies. For example can a govt dictate to MS or Apple what prices they can sell at in their country? Definitely not. Govt policies can only indirectly affect the prices. Prices are regulated by supply and demand. But in the end the final call is still in the jurisdiction of the company. If the govt reduces competition, then obviously the prices are going to increase because of lower supplies, higher demand and the monopolistic situation for the remaining companies.
help said:well monolopolizing is result of globalozation
if there are more local industries allowed here like in south korea or japan products will be cheap and our economy might get better
help said:our foreign investment policy is also screwdup which dont allow direct investments like in china so we cant expect much growth here
help said:and like you said these big companies are government of their own which decides which country gets rich and poor due to globalization
think whome can you blame for this situatuion here in india.
How can more products due to gloabalisation lead to a monopoly, surely prior to liberalisation we had more monopolies than now.well monolopolizing is result of globalozation
Whats stopping more local industries from forming. Isn't credit easier to get than in the past ?if there are more local industries allowed here like in south korea or japan products will be cheap and our economy might get better
What do you think has driven the stock market over the last few years if not for FDI ?our foreign investment policy is also screwdup which dont allow direct investments like in china so we cant expect much growth here
help said:well monolopolizing is result of globalozation
if there are more local industries allowed here like in south korea or japan products will be cheap and our economy might get better
our foreign investment policy is also screwdup which dont allow direct investments like in china so we cant expect much growth here
and like you said these big companies are government of their own which decides which country gets rich and poor due to globalization
think whome can you blame for this situatuion here in india.
blr_p said:@LN : I see maybe you can explain the inherent contradictions in these statements then
there is a difference between industrialized nation and developing countriesblr_p said:@LN : I see maybe you can explain the inherent contradictions in these statements then
How can more products due to gloabalisation lead to a monopoly, surely prior to liberalisation we had more monopolies than now.
Whats stopping more local industries from forming. Isn't credit easier to get than in the past ?
why do you think we have more than 10% inflation and its getting worse?What do you think has driven the stock market over the last few years if not for FDI ?
foreign investments makes up for most of the industrial growthAFAIK chinese currency isn't fully convertible, just like ours isn't. They might allow more foriegn ownership than our 49-51. But i dont see that making too much of a difference.
What you are asking in effect is why cant we become more like China ?
There will be many answers to that question i expect.