India-China trade gap: Deficit widens to $99.2 billion in 2024-25; how New Delhi plans to reduce dependence

India-China trade has grown, but a significant trade deficit favoring China persists, raising concerns in India. Despite increased exports, imports from China far outweigh them, leading to a widening gap. This dependence on Chinese goods, particularly in key sectors, poses economic and strategic challenges for India, prompting measures to boost domestic manufacturing and diversify supply chains.

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