India's reliance on Chinese industrial goods at all-time high
Megha Jain
Content Head
Image Credit: newsbyte
India's reliance on Chinese industrial goods, including telecom, machinery, and electronics, has significantly increased over the past 15 years. The Global Trade Research Initiative (GTRI) report reveals that China's contribution to India's imports of these goods has risen from 21% to 30%. This escalating trade deficit with China is raising concerns due to its potential impact on economic and national security dimensions.
