India’s Growing Dependence on Chinese Goods
India has significantly reduced its toy imports from China through higher tariffs and quality standards, lowering reliance on Chinese products in this sector. Despite diplomatic tensions and a growing trade deficit with China, India's overall dependence has deepened, with over 30% of its industrial imports now coming from China, including critical components for manufacturing. Experts say that resolving the trade imbalance will require strengthening domestic manufacturing and securing better market access, but complex supply chains and China's excess capacity pose ongoing challenges.
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