Will Indian Companies given protection
Example
Automobile sector
At present,Honda,Suzuki and Yamaha are getting more demand rather than Hero,Bajaj and TVS
Also mileage of these foreign brand vehicles is less which means that more fuel is required by these fuel guzzlers hence we are loosing on 2 sides
1)Our money is gong outside our country
2)More fuel consumption means more petroleum exports and more load thus hike in petrol prices
If Indian companies are protected, heavy taxes should be imposed on foreign brand vehicles so that if these vehicles sales is less means that more money will remain in our country and fuel imports also will be reduced(Practical Example of gearless scooters: Honda Activa,Suzuki Access gives max mileage around 40 kmpl whereas Indian made scooters Wego, scooty gives mileage of around 52 kmpl,Rodeo gives mileage around 48 kmpl) Thus you see that if we Indian use "made in India" automobile brands in our country,our fuel imports will reduce directly by 25% and our money goes to Indian companies
When we use Honda,Suzuki,Yamaha our money goes in form of profit to someone who is outside our country
Automobiles was just one example which I see commonly on road
In soft drinks,fast foods,mineral water etc same condition is there
Something should be done to tell our people that "made in India" is the best more