The answer to calls for boycotting Chinese imports lies in making Indian manufacturing much morecompetitive, deeper and widespread, but people should remember that shunning products from the neighbouring country may lead to them paying more for goods,
Maruti Suzuki Chairman RC Bhargava said.
While stating that importing continuously for long period “is not really in anybody’s commercial interest”, Bhargava also asserted that certain products continue to be imported as there is “little choice in the matter” due to their non-availability in India, or because of quality and pricing issues.
“Everybody knows that importing products over time actually becomes more and more expensive as the rupee gets weaker. If you were importing something 10 years ago, the same product today will cost 60-70% higher...
“So it is not really in anybody’s commercial interest to continue to import, you import because you really have little choice in the matter,” Bhargava told PTI in an interview.