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Imports from China To India Continue To Rise: Get All the Details | Paisa Live
India has been focusing on its "Atmanirbhar Bharat" initiative to reduce dependence on foreign countries. However, imports from China continue to rise. According to data released for July, India's exports to China decreased by 9.44% to $1.05 billion, while imports surged by 13.05% to $10.28 billion. Commerce Ministry statistics reveal that for the April-July period of the current fiscal year, exports to China fell by 4.54% to $4.8 billion, while imports increased by 9.66% to $35.85 billion. These figures highlight the growing trade imbalance with China despite efforts to promote domestic production. For a comprehensive understanding of the trade dynamics and their implications, viewers are encouraged to watch the full video.
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