India's trade deficit with China will be several times higher if they really want their make-in-india progressed.
The more they manufacture, the more deficit to China....
Another aspect is when their living standards are no longer so abysmal as today, trade deficit to major manufacturing powerhouses will be flying high like a rocket.
Imagine, when they have money one day, some of them will cultivate the habit of drone flying to make videos....
Then, they will have to buy our DJI Phantom and DJI Inspire. Deficit gained from DJI drones is ten times higher than from a smart phone.....
Brilliant! Indianss so smart.
Cheap ingredients. No way. Can cheap out other things not stuff that go in your stomach. You don't want Chinese life expectancy to drop to India 's level.
And drinking water. Food. Super crowded slow trains with no AC.
Now, india's consumer market is still very small.
Their GDP on consumption is similar to the GDP of Guangdong Province.
But I don't think their consumption will be that terribly small forever....
Let's have a look at smart phones.
As per Gartner, the Average Selling Price (ASP) of smartphones in India is $70 and smartphones under $120 contribute around 50% of overall smartphone sales here. Now consider the pricing of the new smartphones launched in China. The Mi Note 2 starts selling at $413 and goes all the way to $516 for the high-end variant. The Mi Mix starts at $516 and goes till $590 for the high-end variant. Lastly, the Mi 5s is priced at $295 for the base variant and goes all the way to $385 for the high-end Mi 5s Plus.
Someone like Xiaomi who operates on crazy thin margins would need real high volumes in sales to justify launching new products in new markets. Of course, the Indian economy is improving and smartphone market is booming, but the truth is, it’s still nowhere close to China. The biggest success for Xiaomi in India has been the Redmi Note 3 which retails for Rs 11,999 or $180. Compare that with the sales of Mi 5 in India. Although Xiaomi hasn’t disclosed how many units of Mi 5 it has managed to sell in the country, it’s an open secret within the industry that the sales are pretty dismal not just in comparison with Redmi Note 3, but the Mi 4 as well. Of course, the price isn’t the only factor playing with the fate of Mi 5, but it’s clear that Xiaomi has very little breathing space in the $300+ segment in India, with its nemesis, OnePlus 3 and others like the Lenovo Z2 Plus breathing down its neck. They still can’t completely ignore the higher mid-range market in India for branding and other reasons, so expect them to release at least one premium smartphone a year.
You can see while Huawei is launching its $500-1000 phones in Europe, indian market to Chinese smart phone OEMs is still a cheap destination to sell those cheap models which are no longer unwelcome in China.
8 of China's top 10 selling smart phone in Q3 are priced higher than $350.
https://defence.pk/threads/smartpho...e-record-high-in-q3-2016.458632/#post-8864025
Now, their middle class is simply too small and their purchasing capacity is abysmal.
However, this is a big opportunity for China.
We could see the big potential in the indian market.
, for working day & night and manufacturing products cheaply and helping India in it's growth with Capital goods. 
