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.

The News Vista

Share
Published by
The News Vista

Recent Posts

Captain of ship attacked in Hormuz dead or alive? SC seeks report from government

The Supreme Court has instructed the Union government to look into the baffling case of…

2 hours ago

Trump’s voter ID praise follows Gyanesh Kumar – Sergio Gor meet

Recently, US President Donald Trump commended India’s voter ID system after a meeting between Indian…

3 hours ago

BJP puts Vinod Tawde, who played role in Bihar win, in charge of UP

The BJP has designated Vinod Tawde as its new state in-charge for Uttar Pradesh, while…

4 hours ago