New Delhi: China’s share in India’s import basket has declined to 13.79 per cent in 2022-23 from 15.43 per cent a year ago, with inbound shipments of major items like fertilisers and electronic goods coming from alternative markets, the Commerce Ministry said on Thursday.
...China’s share in India’s import basket declines to 13.79 pc in FY23
Briefing reporters on Indian trade data, Commerce Secretary Sunil Barthwal said the exports of electronic goods from China and its overall share in India’s import basket have declined.