Boycott of Chinese goods is not the solution: Rajiv Bajaj

BusinessBoycott of Chinese goods is not the solution: Rajiv Bajaj

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Boycott of Chinese goods is not the solution: Rajiv Bajaj

New Delhi: After the recent dispute between the army of India and China, there is a situation of tension between the two countries. Since then, the demand for boycott of Chinese product in social media across the country has also intensified. Meanwhile, a question has also arisen in the auto sector whether it is possible to do business without Chinese goods.

Like many electronic products, the automobile sector also requires parts that are imported from China. In this regard, Bajaj Auto Managing Director Rajiv Bajaj has said the important thing.

Rajiv Bajaj said in an interview to the media that, we have been doing business from China for a long time. In such a situation, our relationship with Chinese vendors has also become good.

According to Business Today, Rajiv Bajaj says that his company imports about 600 to 700 crore components from China every year. The suspension systems of these bikes and other electronic items associated with the bike are also imported from China.

Rajeev says that the Chinese market has better support systems especially for two-wheelers. Due to their excellent sources of land, logistics, labor and manufacturing for business, they produce components at a low price.

Rajiv says that we buy components from China because they get us cheap, and business runs on one principle. According to this theory, wherever you get cheap components, you should buy from there.

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