Ex-factory price of Chinese 55inches 4k qled is rs. 15, 000 only.
Bulk shipping and other levies add a paltry sum only.
Ban on Chinese goods made sure that no Indian trader could import these.
Global enterprises suffer no such blockade and market same made in China leds
For twice, thrice and four times it’s price. By global enterprises I don’t mean the likes of Sony, Toshiba, Samsung, LG etc etc.
Same happens for a range of products like tablets, laptops, mobiles etc etc.
Volumes and enormous profits involved amounts to thousands and thousands of crores.
No Indian could see as much as a Paisa of this unbelievable thousands and thousands of crores trade profit due to ban against import of Chinese goods by Indians.
In other countries of the world, middle-level management executives and tech gadget enthusiasts pool their savings for investment and actively pursue the trade by encouragement of authorities so that citizens gain a good price by enormous competition.
Here in India it isn’t possible due to ban and same global enterprises capitalise on this by raising prices to incredibly high level.
Ex-factory price of Chinese 43" led is less than rs. 5000/- and sold as high as 15000/-
Many will be familiar with success story of five middle-level management staff + tech gadget enthusiasts who built business empire in this trade amongst millions like them.
Not possible in India because only global enterprises have this luxury of free trade inside India and the business amounts to thousands and thousands of crores.
Global enterprises here with made in China goods may have few Indians as staff but it doesn’t render any justification because British Raj had millions of indians as employees.
For past several years we have this system and anybody who speaks about it must face an ordeal with modern version of noisy stalking shameless gestapo.
Such a system continues for a range of products including laptops, mobiles, tablets etc etc and creates thousands and thousands of crores profits in which no Indian trader could see a Paisa.