New Delhi, Jan. 9 -- China is gradually emerging as an increasingly important export destination for India, signalling a potential structural shift in the bilateral trade relationship between the world's two most populous economies.
Indian shipments to China rose sharply by 33% to $12.22 billion during the April-November period of the current financial year, according to commerce ministry data cited by news agency PTI.
This surge in exports comes at a time when India's trade relations with the United States turned frosty, particularly after President Donald Trump imposed hefty tariffs of 50% on Indian goods.
Confirming this shift, an exporter told PTI that the Indian industry has been exploring opportunities in different markets as hig...
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