Worrying: Over 30% of India's industrial goods come from China
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India is heavily dependent on China for its industrial goods, with the latter accounting for a whopping 30.8% of the country's requirements, think tank Global Trade Research Initiative (GTRI) revealed.
The figure is much higher than China's overall share in India's imports, which stands at around 16%.
The GTRI's analysis highlights this overdependence and its potential impact on India's manufacturing sector.
The figure is much higher than China's overall share in India's imports, which stands at around 16%.
The GTRI's analysis highlights this overdependence and its potential impact on India's manufacturing sector.
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