2024-09-17 10:17:40
China is facing a slowdown on the economic front. In the last few years, the Dragon’s manufacturing pace has slowed down, while India has registered a tremendous jump on the manufacturing front during the same period. China has been shocked by this. Big tech companies are constantly distancing themselves from China. Apple is the most accurate example of this. This is the reason why China is trying to keep India away from the latest technology.
Advice to keep distance from India
China’s fear of India is such that China’s Commerce Ministry had to hold a meeting in July this year, in which China advised its local electric vehicle manufacturers not to invest in India. Actually, China fears that if Chinese companies invest in India, they will have to manufacture electric vehicles and their parts locally, which will lead to transfer of technology. China has told its companies not to invest in the EV technology sector for security reasons despite the demand in India.
Fear of technology transfer
Actually, China has suffered a big setback in the case of smartphones, due to which it has become more cautious than before. China initially believed that India cannot compete with China in terms of technology. But its assessment proved wrong. Today India is a big manufacturing hub of smartphones. Not only smartphones are being made in India, but the production of smartphone parts has also started. PM Modi has set a target of manufacturing semiconductors domestically, after which China is scared. India is currently exporting smartphones. Manufacturing of premium smartphones like Apple and Google has started in India.
Competition for dominance in the EV sector
After losing to India in the mobile sector, China is trying to keep India behind in the EV sector. In such a situation, the Dragon is trying to stop India from taking the lead in the EV sector. Because if India takes the lead in the EV sector, then China may have to suffer huge losses. EV is an emerging market, in which China is far ahead. Chinese EV companies are making EVs to compete with Tesla. Chinese EV companies are introducing EVs at a much lower price than Tesla, due to which Chinese EVs are being liked a lot all over the world.
What is China’s plan to stop India?
If the report is to be believed, China is facing a big problem. Actually, China cannot earn profit by staying away from the Indian market, because India is a big technology hub. Where technology has increased due to the presence of internet. In such a situation, China has made a special plan to stop India, under which Chinese companies have been instructed to supply EV parts made in China to India, so that China will be able to have complete control over the production of EVs. Also, it will be able to avoid the tariff imposed on EVs. Let us tell you that the Indian government imposes heavy tariffs on EV parts coming from China for the purpose of manufacturing EVs domestically.
India is breaking the cycle of China
India is breaking the circle of China and acquiring every important technology. Today, India imports smartphones made in India from all over the world. Along with this, TATA Group and Adani Group are setting up semiconductor plants in India in collaboration with Taiwan, America and European Union. Apart from this, Tata Group is setting up battery manufacturing plants domestically to promote EVs. Along with this, companies like Apple and Google are manufacturing smartphones in collaboration with foreign and domestic companies.
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India banned the entry of China
Apart from this, India has proved its mettle to the world by rolling out 5G technology domestically. Let us tell you that India’s 5G network is China-free. This means that Chinese 5G modems and parts have not been used in it. Not only this, India has started working towards 6G. This has been revealed by PM Modi and Jyotiraditya Scindia themselves.