Yeah, i agree. Definitely good for the indian consumer at least in the short term. Amazon and uber are winning out largely because they offer better service at competitive prices.
But in long term i dont know. I am no econmist but If all your stuff is made abroad and little is made locally how will consumers find money to pay for the imported goods?
They won't. Their ability to afford the foreign products would be limited by how much they earn, same as anyone is.
Protectionism doesn't fix that though. If you can't afford sophisticated cheap foreign-made goods, you also can't afford the crappy expensive protected local made goods either.
But in long term i dont know. I am no econmist but If all your stuff is made abroad and little is made locally how will consumers find money to pay for the imported goods?