India’s trade with China rises 29% to $115 bn in 5 yrs
In FY22, electrical machinery and equipment, sound recorders and reproducers, and TVs accounted for the highest $30.7 billion worth of trade, says the govt
In FY22, electrical machinery and equipment, sound recorders and reproducers, and TVs accounted for the highest $30.7 billion worth of trade, says the govt
Imports from China were the highest ever in FY2022. But this does not signal the failure of India’s strategy to reduce dependence on China.