09 May 24 89 min read
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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