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Prime Content | 
Rising imports from China: A growing concern for Indian industries

09 May '24
89 min read
Rising imports from China: A growing concern for Indian industries
Pic: Adobe Stock

Insights

  • Despite India's policies for reducing dependency on Chinese imports, trade data from the Global Trade Research Initiative shows a 31 per cent increase in total imports over the past 15 years, with China leading.
  • Although Indian exports to China rose by 7 per cent in 2023, imports decreased marginally by 2 per cent, leaving a substantial $83 billion trade deficit.

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