Do Indians care about the Country of Origin tag while purchasing products?
I was casually scrolling across Amazon looking for a smartwatch for a family member, when I came across this tag called Country of Origin on the product description details section. To my surprise most of the so-called Indian brands like Noise and Boat have Country of Origin specified as surprise surprise China.
I felt kinda disgusting tbh. Then I scrolled over the list of products that I have purchased over Amazon ranging from mouse pads to Milton water bottles and almost all of them had this country of origin from China, except for the Bhagwat Purana copy(Thank God).
I think we Indians are by sheer ignorance depleting India's forex reserves and demoting efforts by our Entrepreneur to manufacture in India. We may end up getting cheap products but it costs us loss in GDP and job opportunities in India. I guess we could take a lesson out of the Japanese book where Japanese people don't buy non-Japanese products. It's a conscious decision.
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Petrol aata h middle east se... Toh kya gaadi chaalani band karoge?! Swadeshi was a 1950s concept, which fucked up our economy for decades.
Buy quality things of value at affordable price that help ones finances. Desh apne aap aage badhega
A few years ago my father's friend visited the USA and got gifts for me and my family, he gifted me the flag of the USA and I checked the tag and found out that the flag was manufactured in the People's Republic of China🤣🤣
Electronics is a challenging field. You can't manufacture electronics without fabs. Tata is the first Indian company that is making serious efforts now. Entrepreneurs in India can launch apps, assemble components from China at best. Electronics requires tens of billions of dollars of investments and govt support for 20 years. This can't happen in a transparent democracy like ours or might just happen very slowly.
Same for a lot of companies sadly. China has become world’s factory. Charlie munger once said that it is easy to strike deals with manufacturers there and get things produced at pace and scale, whereas its not the same with india, despite labour being cheap in both places, mainly due to bureaucracy, bribes and lack of quality and order.
They don’t a lot. ecommerce does this tagging because it’s a legal requirement