• Chinese manufacturers learn of an opportunity to export toys to India, where toys are sold at a high price. 
  • They start exporting plastic toys to India . Buyers in India now have the option of choosing between Indian and Chinese toys. 
  • Because of the lower prices and new designs , Chinese toys become more popular in the Indian markets. 
  • Within a year, 70 to 80 percent of toy shops have replaced Indian toys with Chinese toys.
  • As a result of trade , Chinese toys come into the Indian markets . In the competition between Indian and Chinese toys, Chinese toys prove better. 
  • Indian buyers have a greater choice of toys at lower prices . For the Chinese toy makers, this provides an opportunity to expand their business.
  • The I ndian toy makers face losses, as their toys are selling much less
Ask a doubt
Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.