The share of Chinese goods in the country's total imports has declined by 0.90 percent. Its share was 16.5 percent in 2020-21, which came down to 15.4 percent in 20210--22. The goods that come more from China to India include the telecommunications and energy sectors. Sources said that due to Corona, there was more import of IT products and medical and scientific equipment from China to India. During the same period, exports from India to China have increased marginally to $21.25 billion. It was $21.18 billion a year ago. Whereas imports have increased from $ 65 billion in 2020-21 to $ 94.16 billion in 2021-22.
Third largest exporting country after the US, UAE
India's exports to China stood at $21.2 billion in 2021-22. It is the third-largest exporting country after the US and the United Arab Emirates (UAE). Sources said mobile phone imports from China declined by 55 percent to $626 million in 2021-22. In the year before that, it was $1.4 billion.
HDFC Bank made loans expensive
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IL&FS ordered to pay 1,925 crore borrowers
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Energy production was up 26.58 percent in June
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