Anti dumping duties on Chinese companies

Read

http://www.livemint.com/Opinion/VTok4yCl6QTVtjHvmlb2vI/Maruti-Suzukis-continuing-success-begs-a-relook-at-earlyst.html

and

http://www.livemint.com/Opinion/Cs8AxDoCh8xbJEhYZUK3fP/Electronics-manufacturing-needs-a-policy-push.html

We talk of huge more than $50 billion annual trade deficit with China

But what are we doing about it?

Example – Chinese mobile manufacturers like Oppo, Vivo, OnePlus, Xiaomi have captured the Indian market

Above articles prove how protection and incentives given to Maruti led it to become a market leader in India

China is doing the same thing in its economy : Didi Chuxing has destroyed Uber, WeChat destroyed WhatsApp, Alibaba toppled Amazon, Baidu did Google, Tencent killed Facebook

What is Ravi Shankar Prasad doing?

Why not get back at China on this issue?

Protection from Chinese companies

Protection from Chinese companies

Get these companies to manufacture in India or put heavy anti-dumping duties on their imports, like we did with Chinese steel companies

Author: Tushar Kansal

Tushar has been associated with the Project Assessment, Fund-raising & Financial Advisory realm in India for 2 decades. He has straddled multiple roles in Financial Advisory in Deloitte Touche Tohmatsu, PE Deal-maker in Times of India’s Brand Capital, in Corporate Finance roles in Aircel, as an Entrepreneur in Education field and as a CFO (Chief Financial Officer) till 2014. Prior to that, he was the Head of Debt for MTS India, where he was instrumental in raising $2.5 billion structured debt. Tushar has been involved in $6 Billion of transactions in Debt/ PE/ M&A across all asset classes. He has major experience in Education domain – From 2001 to 2006, Tushar led his Education entrepreneurship venture which provided Entrance examination training for Engineering colleges in India. The venture grew to 800 students and then was bought out by a marquee pan-India player in this space, as a strategic sale. Tushar is a panel member at CNN-News18. He is also a Columnist @ Business World, Indian Defence News, Business & Economy, Indian Economist, Digital Market Asia, OpIndia & Growing India.

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