China Surpasses USA as India's Largest Trading Partner in FY24 =============== #719f7845 ver:0.23 China surpasses the US as India's largest trading partner in FY24, driven by increased imports of electronic goods and machinery. However, the US is open to discussions for a preferential trade agreement with India, aiming to double bilateral trade to $400-500 billion. India seeks to reduce reliance on Chinese imports and diversify trade partners, while also collaborating with the US and exploring partnerships with Taiwanese tech companies. The US-China trade war and global events have influenced supply chain dynamics. #IndiaChinaTrade #USIndiaTrade #TradeRelations... #newstr #India #China #Usa #Trade #EconomicCollaboration #SupplyChain #CompetitorAnalysis #MarketOpportunities https://here.news/story/719f7845?ver=0.23