At trade show, a shift from China to Make in India

  • | Saturday | 23rd September, 2023

Noida: Low price, cost effectiveness and variety gave Indian electronic products an edge over Chinese goods at the first UP International Trade Show.Of the 200 foreign buyers present at the Expo Mart on the second day of the event, many also showed interest in collaborating with Indian handicraft and handloom industries, and solar-powered generators and hydraulic pumps among others.Manas, an electronic goods importer from Kyrgyz Republic, said, Our prime import market was China, Dubai, and Korea. However, over the last two years, we found the Indian market growing in electronic and solar energy-based goods. With the other two countries, we have now shifted our focus from China to India.Arturbek Kadyrov from Kyrgyzstan said, "The Indian electronic market is cheaper and cost-effective than the Chinese market. It is because of cheaper labour costs in India. The quality of goods is also good."Data released by the Ministry of Commerce and Industry in June revealed that electronic goods export in India witnessed a significant increase by 73.96% in May 2023 and cumulatively in April-May 2023 by 48.06% over the corresponding period last year.Experts said that Central Asian countries like Kazakhstan, Turkmenistan, and Tajikistan generated most of the demand for electronic goods. "We received inquiries for electronic goods such as electric lights, e-bicycles, solar energy-based products, drones, etc. Nearly ten overseas buyers were from Tajikistan, Turkmenistan, and nearby countries," said Vandhana Sharma, manager of an innovation hub by Abdul Kalam Technical University (AKTU).Overseas buyers have also shown interest in handicraft and handloom products at UPITS. "I am looking for handicraft jewellery products at this trade show. The handmade jewelleries with clay, wood, and other organic products are exciting. Moreover, they are cheaper than any costly metal jewelleries and visually impressive," said Maria from Angola.However, some foreigners claimed that though they like various products, the language barrier hindered direct communication with the sellers. Some also maintained that translators at every stall will ease business deals. We also published the following articles recentlyPkls electronic eyes down with over 90% blindnessOver 90% of CCTV cameras in Panchkula, India, are not functional, hindering police investigations into rising snatching incidents. The municipal corporation installed 453 cameras in 2019, but 413 are now non-operational due to lack of maintenance. The police have requested the MC to fix the cameras, but no action has been taken. The cameras were installed to enhance security and cost Rs 13.5 crore. Police have used the cameras to catch criminals and issue traffic fines.Two arrested, fake electronic items worth 2.5L recoveredTwo people were arrested in Indore for selling counterfeit electronic items of famous brands. The police recovered items worth lakhs from them, including wires, regulators, and dummy boxes. The accused revealed that they would procure these fake goods from Delhi and sell them through various stores in Siyaganj. In another incident, the NIA conducted a search at the home of a 14-year-old in Goa, who was allegedly in contact with someone arrested in Jharkhand. Electronic gadgets were seized for analysis. Additionally, a woman constable in Madurai recovered a bag containing gold necklaces and silk saris that a passenger had forgotten on a train.Govt schools stripped bare of electronics, toys, MDM rationGovernment schools in Ludhiana are facing a security crisis due to a surge in theft incidents. The lack of security guards has made it difficult for principals to protect valuable equipment in smart classrooms. Some schools have arranged their own funding to hire guards and peons. Recent thefts have included electronics, LPG cylinders, ration supplies, and CCTV cameras. The stolen equipment is not being replaced by the government, and complaints are not being properly addressed by the education department. Authorities are being urged to conduct thorough investigations and prevent further thefts.

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