New Delhi, April 28 -- Chinese firms are increasingly turning to Indian exporters to fulfill U.S. orders amid escalating tariffs and trade tensions.
The U.S. has imposed steep tariffs on Chinese imports, including a 145% baseline tariff and additional duties on shipments under the de minimis threshold, significantly impacting Chinese exporters.
In response, Chinese companies are seeking Indian partners to maintain their presence in the U.S. market.
The Federation of Indian Export Organisations (FIEO) has identified a $25 billion export opportunity for India, particularly in sectors where China has been a dominant supplier.
These sectors include electronics, textiles, toys, auto components, and furniture.To capitalise on this opportuni...
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