China Becomes India's Largest Trading Partner, Raises Questions About PLI Schemes and Make-In-India Initiative
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#719f7845 ver:0.25

China has become India's largest trading partner, surpassing the US, raising questions about the effectiveness of PLI schemes and the Make-In-India initiative. The trade deficit with China reached a record $85 billion, highlighting the challenge of reducing reliance on Chinese imports. India's efforts to diversify trade partners may receive a boost with potential discussions for a preferential trade agreement with the US. India is also exploring partnerships with Taiwanese tech companies and considering measures to counter China's influence. Structural challenges need to be addressed for a more balanced trade relationship with China. #China #India #Trade #PLI #MakeInIndia #US...

#newstr #China #India #Trade #PliSchemes #Makeinindia 

 https://here.news/story/719f7845?ver=0.25