China emerges as India’s surprise growth market, but trade deficit swells

Indian exports to China surged nearly 40% in April-August, led by electronics and engineering goods, partly aided by global AI and data-centre demand. However, China takes just 4.4% of India’s exports, and the gains barely dent a $131.6 billion import bill last fiscal year, leaving the trade deficit overwhelmingly lopsided. Source: BUSINESS STANDARD Read More…

Amid stabilising ties, MEA flags India’s trade deficit with China in latest annual report

MEA’s latest annual report flags India’s widening trade deficit with China — $75.05 billion against $96.46 billion in bilateral trade — even as it details efforts to stabilise ties post-2020 Ladakh clashes, including high-level exchanges, SR mechanism talks on the boundary question, and confidence-building measures like resumed direct flights. Source: The Print Read More…

India’s Chip Push Gains Momentum as Semiconductor Ecosystem Expands

At SEMICON India 2026, Prime Minister Narendra Modi said India’s expanding semiconductor ecosystem is creating new opportunities across chip design, manufacturing, packaging and electronics. The three-day event brings together more than 600 companies from 52 countries, highlighting growing global industry participation. India Semiconductor Mission 2.0 has an expanded outlay of $13.5 billion, while 12 chip…