India’s trade imbalance with China has soared to unprecedented levels, touching a record $99.2 billion in the financial year 2023-24. The figure underscores the growing concern within India’s economic and policy circles about the country’s heavy dependence on Chinese imports and persistent

India is preparing for a significant influx of Chinese imports, estimated at approximately $40 billion, due to escalating global trade tensions. As the United States imposes higher tariffs on Chinese goods, China seeks alternative markets to redirect its exports, positioning India as a primary destination. This shift could lead to an oversupply of Chinese products […]

India has announced the imposition of anti-dumping duties on four Chinese products to safeguard local manufacturers from the adverse effects of cheap imports. The move comes after detailed investigations confirmed that the goods were being dumped into the Indian market at prices below fair market value, harming domestic producers. The Ministry of Finance has formalized

Congress leader Rahul Gandhi has voiced strong concerns over India’s growing reliance on Chinese imports, linking it to the shortcomings of the ‘Make in India’ initiative. He cautioned that this dependence weakens domestic industries and poses significant risks to national security. Rising Dependence on Chinese Goods Gandhi pointed out that India’s failure to