Categories: Business

India-China trade gap widens: Over 30% industrial goods imported from Beijing; GTRI flags concerns

India’s trade deficit with China has surged to $112.1 billion, driven by a deep reliance on Chinese industrial supplies. Manufacturing sectors like electronics and pharmaceuticals depend heavily on Chinese components, creating significant supply chain risks. Experts urge India to boost domestic production and diversify sourcing to mitigate these vulnerabilities.

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