India achieves limited success in capturing ’China Plus One strategy’ so far: Niti Aayog report
3 months, 3 weeks ago

India achieves limited success in capturing ’China Plus One strategy’ so far: Niti Aayog report

Live Mint  

New Delhi, Dec 4 India has seen limited success so far in capturing the 'China Plus One strategy', while Vietnam, Thailand, Cambodia, and Malaysia have become bigger beneficiaries, according to a report of government think tank Niti Aayog. "However, India has seen limited success so far in capturing the China Plus One strategy so far," said the report - 'Trade Watch Quarterly'. India has a solid foothold in developed markets like the USA, UK, and Germany, across top product categories but there are opportunities to explore emerging markets," it said. It also said that several studies assessing the EU's Carbon Border Adjustment Mechanism identify African and Asian countries as the "most" vulnerable to its effects.

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History of this topic

India slaps anti-dumping duties on Chinese products as tensions over market access persist
Trending News
1 week, 1 day ago

India slaps anti-dumping duties on Chinese products as tensions over market access persist

Firstpost  

India has frequently used anti-dumping measures as a tool to address its ballooning trade deficit with China, which reached $85 billion in the 2023-24 financial year India has slapped anti-dumping duty on several Chinese products. Image used for representative purpose India has slapped anti-dumping duties on four Chinese products, including vacuum flasks and aluminium foil, in a bid to protect …

Leveraging India Against China
2 weeks ago

Leveraging India Against China

China Daily  

- And Melon Husk's Crude Attempt At Mercantalism As Dr. Gregory Clarke told us they wrote in the margins of his report that they wanted to see India and China "at each other's throats". Beijing discouraging Chinese firms from factory investments in India while also limiting the outflow of workers and equipment - China is trying to kneecap Indian manufacturing …

Copycat fighters: What Sipri report doesn't tell about China's defence manufacturing sector
2 weeks, 6 days ago

Copycat fighters: What Sipri report doesn't tell about China's defence manufacturing sector

Firstpost  

While Sipri highlights China’s rise in defence manufacturing, it remains conspicuously silent on Beijing’s rampant reverse engineering of foreign military technology, whereas India’s Atmanirbhar Bharat initiative, though slower, upholds ethical self-reliance in defence production. According to the Stockholm International Peace Research Institute, India remains the world’s second-largest arms importer, while China has significantly cut down its dependence on foreign weapons. …

DC Edit | Will India Inc Heed PM’s Call?
3 weeks, 4 days ago

DC Edit | Will India Inc Heed PM’s Call?

Deccan Chronicle  

Prime Minister Narendra Modi’s call for Indian companies to focus on research and development to manufacture innovative products for global customers aptly sets out the future agenda for the Indian industry. For several decades, the developed world looked at profit maximisation — the cardinal principle of capitalism — by outsourcing work to Third World countries to reap the benefits of …

US tariffs action to make India target for cheap Chinese steel, say industry players
3 weeks, 5 days ago

US tariffs action to make India target for cheap Chinese steel, say industry players

Live Mint  

New Delhi, Mar 4 The imposition of tariffs by the US on imports from Mexico, Canada and China will affect the Indian steel industry as the country will become the natural target for cheap Chinese steel at a time when local players are undergoing a major capacity enhancement phase, industry experts said. The recently announced US tariffs on steel imports …

India’s steel industry contemplates potential fallout from Trump administration tariffs
3 weeks, 6 days ago

India’s steel industry contemplates potential fallout from Trump administration tariffs

Live Mint  

BENGALURU, India — Rows of small factories line the streets of a dusty suburb in Bengaluru, where workers weld and cast Indian-made steel into everything from car parts to kitchen sinks. In February Naveen Jindal, the president of the Indian Steel Association, which represents all India’s steelmakers, said that he was “deeply concerned,” especially since “India is one of the …

India must keep its strategic options open as Trump’s tariffs kick in
4 weeks ago

India must keep its strategic options open as Trump’s tariffs kick in

Live Mint  

The recent wave of tariff announcements by the Trump administration in the US marks a significant shift in global trade dynamics. Substantial corporate-tax cuts and broad deregulation, both of which are on Trump’s agenda, could potentially stimulate US economic growth, though these benefits may take longer to materialize compared to the more immediate negative effects of tariffs on consumption and …

US-China trade war 2.0: How does it impact India?
4 weeks ago

US-China trade war 2.0: How does it impact India?

Live Mint  

It’s Happening Again It’s 2025, and we are back to hearing about tariffs, trade wars, and stock markets crashing. This could happen again if China shifts its buying patterns away from the U.S. What Happened to India’s Economy Last Time? Currency markets were unstable, oil prices fluctuated wildly, and investors preferred moving their money to safer markets like the U.S., …

India can produce and sell technology at a lower cost than China: World Bank
1 month ago

India can produce and sell technology at a lower cost than China: World Bank

Live Mint  

By Nikhil Dedha New Delhi, February 28 : India has the potential to produce technology at a lower cost than China if it can master and manufacture it efficiently, said World Bank Country Director Auguste Tano Kouame. So today, if you take a given technology, assuming India masters that technology produce it, it will produce it at a lower cost …

Why India’s electronics sector is least at risk from Trump's reciprocal tariff scrutiny
1 month ago

Why India’s electronics sector is least at risk from Trump's reciprocal tariff scrutiny

Live Mint  

New Delhi: As US president Donald Trump's reciprocal tariff threat loomsfor Indian exports of engineering goods and pharmaceuticals to textiles,the booming electronics goods shipments may be the least at risk. Commerce ministry data shows India's electronics exports to the US face an average tariff of 0.41%, while US shipments under the same category face a duty of 7.64%, resulting in …

India likely to maintain ban on Chinese investments amid ongoing economic discussions, says CEA V Anantha Nageswaran
1 month, 2 weeks ago

India likely to maintain ban on Chinese investments amid ongoing economic discussions, says CEA V Anantha Nageswaran

Live Mint  

Chief Economic Advisor V Anantha Nageswaran told reporters that India is not soon expected to lift the ban on Chinese investments into the country, Reuters reported on February 11. No Changes to Policy on Chinese Investments India has tightened its scrutiny of investments from Chinese companies since 2020, as relations between the two nuclear giants have soured after clashes between …

China’s hold on exports and supply chains key challenge
1 month, 4 weeks ago

China’s hold on exports and supply chains key challenge

Hindustan Times  

China’s dominance of exports because of its manufacturing over-capacity and control of critical supply chains for energy transition are significant challenges for India, the Economic Survey 2024-25 released on Friday noted. China’s hold on exports and supply chains key challenge Beijing’s role as a “manufacturing colossus”, especially in the context of India’s limitations in producing critical goods at the scale …

Economic Survey flags EU’s carbon tax as trade barrier that could hit India’s exports
1 month, 4 weeks ago

Economic Survey flags EU’s carbon tax as trade barrier that could hit India’s exports

Live Mint  

New Delhi: The Economic Survey 2024-25 has raised concerns about the European Union’s Carbon Border Adjustment Mechanism, calling it a restrictive trade policy that could threaten India’s exports and widen the current account deficit. Released by finance minister Nirmala Sitharaman in Parliament on Friday, the survey noted that while the EU has positioned CBAM as an environmental safeguard against carbon …

For America, why India is not China
2 months, 1 week ago

For America, why India is not China

Hindustan Times  

As Donald Trump begins his second term as United States President, speculation is growing about the direction of his trade policy. One, India’s merchandise trade surplus with the US is insignificant compared to China’s or those of other lower-cost economies like Vietnam and Mexico. Services trade between India and the US has also been fair and synergistic with both countries …

What is CBAM and its impact on Indian exports and sustainability
2 months, 2 weeks ago

What is CBAM and its impact on Indian exports and sustainability

India Today  

As the European Union prepares to implement its Carbon Border Adjustment Mechanism in January 2026, Indian export industries are set to undergo a significant transformation. Additionally, the need to purchase carbon certificates for emissions embedded in products may lead to higher production costs, making Indian goods less competitive in the EU market. The implementation of CBAM could reshape global supply …

India's Worrying Economic Dependence On China
2 months, 2 weeks ago

India's Worrying Economic Dependence On China

India Today  

India's trade deficit with China hit $85.1 billion in fiscal year 2024, underscoring growing economic concerns. This widening gap highlights India's deep reliance on Chinese goods across critical sectors like electronics, telecom, solar energy, and electric vehicles. Expanding PLI schemes to additional sectors and negotiating favorable trade agreements, particularly with countries like the UK, could bolster Indias manufacturing capabilities and …

Why China Is Trying To Wreck India's iPhone Revolution
2 months, 2 weeks ago

Why China Is Trying To Wreck India's iPhone Revolution

India Today  

A recent report has revealed China’s efforts to block advanced technology and skilled talent from reaching India. This move seems to be part of a broader strategy aimed at countering India’s growing prominence in global manufacturing. Delays in the export of critical infrastructure and oil drilling equipment further demonstrate China’s intent to undermine India’s development. Former Foreign Secretary Vijay Gokhale …

India, Asean to gain as looming US tariffs shake up global trade: BCG
2 months, 2 weeks ago

India, Asean to gain as looming US tariffs shake up global trade: BCG

Live Mint  

New Delhi: India and Asean bloc stand to gain as looming tariffs under the second Donald Trump administration in the US and geopolitical tension reshape global trade flows over the next decade, according to a Boston Consulting Group report. India’s economic growth, combined with favourable policies aimed at boosting its manufacturing capabilities, positions it as a key player in the …

India is shining but needs to go beyond IT to become global power
2 months, 3 weeks ago

India is shining but needs to go beyond IT to become global power

Firstpost  

In order to compete and excel China as an economic and military power, India needs to add hard muscle power to its digital power. Recent statistics showing India’s services exports surpassing its merchandise exports are not just numbers but a testament to the country’s growing strategic importance in the global tech services value chain. The presence of these centres underscores …

Five-year plans back at Niti Aayog, this time to cut emissions
2 months, 3 weeks ago

Five-year plans back at Niti Aayog, this time to cut emissions

Live Mint  

New Delhi: Five-year plans that made an unceremonious exit nearly a decade ago are making a quiet comeback, this time to handhold India's decarbonization journey. “Niti Aayog is helping to define how the country needs to transition, how the power sector should look like, how much solar and wind capacity is required, how the industry needs to transition and which …

What India-US trade could look like after Trump takes office
3 months, 1 week ago

What India-US trade could look like after Trump takes office

Live Mint  

By Manoj Kumar NEW DELHI, Dec 19 - India is preparing for possible trade talks with the United States, aiming for increased investments from U.S. companies and higher exports once President-elect Donald Trump takes office. Here are key commercial issues between the two countries: TRUMP POLICY ON CHINA India seeks to leverage Trump's policy by capitalising on U.S. trade tension …

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial
3 months, 2 weeks ago

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial

China Daily  

In his meeting with President Xi Jinping on the sidelines of the BRICS Summit held in Kazan, Russia, on Oct 23, Indian Prime Minister Narendra Modi noted that maintaining the steady growth of India-China relations was critical for the two countries and peoples. Against a complex international landscape, cooperation between India and China, two engines of economic growth, could help …

India should not shy away from Chinese investment: Arvind Panagariya explains why
3 months, 2 weeks ago

India should not shy away from Chinese investment: Arvind Panagariya explains why

Live Mint  

India should remain open to investments from China like other developed countries like the United States and Germany, with an expectation from a handful of sectors, reported the news agency PTI on Thursday, December 12. The activities from which you want to exclude are relatively few because I don't see other countries restricting Chinese investment in large number of sectors,” …

China+1 plan: India’s limited gain
3 months, 3 weeks ago

China+1 plan: India’s limited gain

New Indian Express  

NEW DELHI: Government think tank Niti Aayog has admitted that ‘India has seen limited success so far in capturing the China Plus One strategy. It attributes factors like cheaper labour, simplified tax laws, lower tariffs and pro-activeness in signing free trade agreements have played a key role in helping these countries expand their share of exports. The US has raised …

India has seen limited success so far in capturing China Plus One strategy: NITI Aayog Report
3 months, 3 weeks ago

India has seen limited success so far in capturing China Plus One strategy: NITI Aayog Report

Live Mint  

New Delhi, December 4 : India has had limited success in capitalizing on the opportunities presented by the China Plus One strategy, according to a report by NITI Aayog. While the global trade landscape in 2024 has been significantly influenced by geopolitical developments, the NITI Aayog report noted that India has faced challenges in emerging as a preferred alternative to …

India-China trade: An alarming $18 billion discrepancy
4 months ago

India-China trade: An alarming $18 billion discrepancy

Live Mint  

India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices. In 2023, India's merchandise imports from China stood at $99.59 billion, which was 18.2% lower than the $117.68 billion worth of exports reported by China, …

India poised to gain from Trump’s potential tariff hike on China, says report
4 months, 3 weeks ago

India poised to gain from Trump’s potential tariff hike on China, says report

Live Mint  

Following Donald Trump's victory in the U.S. presidential elections, a report from CareEdge suggests that India could benefit from potential shifts in global trade dynamics if Trump moves forward with plans to impose high tariffs on Chinese imports. Such policies aim to reduce the U.S. dependence on Chinese imports, a move that could disrupt established trade channels and prompt companies …

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report
Trending News
4 months, 3 weeks ago

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report

Op India  

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation of the global supply chain away from China says a report from Care Edge As per the report, Trump has proposed imposing high tariffs on imports from China, which could lead to changes in global trade dynamics, creating opportunities for India. It …

Trump at helm to boost Indian electronics manufacturing as more tariffs on China imminent
4 months, 3 weeks ago

Trump at helm to boost Indian electronics manufacturing as more tariffs on China imminent

Live Mint  

Donald Trump on his return as US president is expected to broaden tariffs against Chinese imports to cover phones and laptops, boosting the Indian electronics manufacturing sector, according to the domestic industry bodies. “Mr Trump in his election rallies and speeches has been talking about imposition of tariffs on our neighbours, which I am sure will make a lot of …

India-China Border Deal: A Long-Overdue Resolution
5 months, 1 week ago

India-China Border Deal: A Long-Overdue Resolution

News 18  

Prime Minister Narendra Modi and Chinese Premier Xi Jinping will hold first bilateral talks in five years on Wednesday on the sidelines of the 16th BRICS Summit in Russia. Both countries reached an agreement to resume border patrolling operations along LAC following the disengagement process along the disputed areas.

How India can fix the Chinese imports problem
5 months, 4 weeks ago

How India can fix the Chinese imports problem

Live Mint  

India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. Read this | Mint Primer | China’s stimulus: What it spells for India & the world A growing economy like India’s naturally requires more imports to meet rising consumption and manufacturing demand, with cost …

From rival to reluctant partner: India’s evolving stance on Chinese investment
6 months, 2 weeks ago

From rival to reluctant partner: India’s evolving stance on Chinese investment

The Hindu  

India's push to become a factory titan has hit a snag: to become a credible alternative to China for global firms, it first needs to warm up to its long-time rival. "There is a realisation that you cannot be part of any major supply chains, especially in high technology products and certain areas like solar cells, EVs, where it is …

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial
6 months, 2 weeks ago

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial

China Daily  

There have been positive signs of improving China-India economic relations recently, as evidenced by Indian officials talking about easing restrictions on Chinese investment, and New Delhi making moves to expedite visa approvals for Chinese technicians. The seeming softening of attitude by New Delhi toward Chinese investment may have been made out of expediency, as declining foreign investment is likely to …

Is India ready to welcome Chinese capital again?
7 months, 3 weeks ago

Is India ready to welcome Chinese capital again?

New Indian Express  

The Economic Survey for 2023-24 sprang a surprise by making a strong pitch for Chinese investments in India, indicating a turn from the government’s anti-China stance of the past four years during which relations hit a new low. Though the Survey’s views are attributed to the chief economic advisor, the finance minister subsequently lent support, signalling a clear policy shift. …

BMSTEC should work on a regional FTA: CII study
7 months, 3 weeks ago

BMSTEC should work on a regional FTA: CII study

Live Mint  

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation would need to finalize a regional free trade agreement in phases for the promotion of investment, job creation, technology partnerships and services, according to study by the Confederation of Indian Industry. The study, Industry Partnerships for Deepening Regional Economic Engagement, recommended promoting a more favourable business climate between member …

Chinese FDI seen as vital for Indians
7 months, 4 weeks ago

Chinese FDI seen as vital for Indians

China Daily  

By APARAJIT CHAKRABORTY in New Delhi and XU WEIWEI in Hong Kong | China Daily | Updated: 2024-08-01 09:42 The renewed inflow of Chinese foreign direct investment will be very positive for India, said experts after senior officials expressed recently that they welcomed fresh Chinese investments, given China's key role in the global supply chains and the benefits such investments …

EU suggests India implement own carbon tax mechanism, says minister Goyal
8 months ago

EU suggests India implement own carbon tax mechanism, says minister Goyal

Live Mint  

New Delhi: Amid ongoing free trade agreement negotiations, the European Union has suggested that India create its own carbon tax mechanism instead of paying into the EU's Carbon Border Adjustment Mechanism, commerce and industries minister Piyush Goyal said on Tuesday. "They are very keen to pursue that and they have offered that India could, instead of paying CBAM tax to …

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal
8 months ago

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal

India TV News  

New Delhii: Commerce and Industry Minister Piyush Goyal said on Tuesday that there is no rethinking in the government to support foreign direct investments from China, as was pitched by the Economic Survey recently. India faces two choices to benefit from the 'China plus one strategy' -- it can integrate into China's supply chain or promote FDI from China. China …

Centre may prepare a list of sectors for Chinese investments
8 months ago

Centre may prepare a list of sectors for Chinese investments

Live Mint  

New Delhi: The Central government may consider preparing a list of sectors and industries where Chinese investments may be allowed, provided these help indigenize manufacturing and do not pose a security risk, two people aware of the matter said. If the idea takes wings, the DPIIT will work with the Union home ministry to gauge the security risk posed by …

‘India may gain more from Chinese FDI than import reliance in tapping China plus one strategy’
8 months, 1 week ago

‘India may gain more from Chinese FDI than import reliance in tapping China plus one strategy’

The Hindu  

Chief Economic Advisor V. Anantha Nageswaran has suggested that India may stand to gain more by “replacing some well-chosen imports with investments from China” thus helping both boost Indian manufacturing and plugging India into the global supply chain as it looks to tap advanced economies’ push to diversify beyond China through a China plus one sourcing approach. Writing in a …

India Should Think About Receiving Chinese Investments
8 months, 1 week ago

India Should Think About Receiving Chinese Investments

Deccan Chronicle  

Chennai: In order to boost Indian manufacturing and plug India into the global supply chain, it is inevitable that India plugs itself into China's supply chain. It is increasingly seen that emerging economies are introducing import restrictions on Chinese goods while accelerating a push for free trade elsewhere to protect their domestic manufacturers due to the threat of China’s overcapacity. …

Economic Survey 2023-24: India’s success in exports and reducing Chinese imports
8 months, 1 week ago

Economic Survey 2023-24: India’s success in exports and reducing Chinese imports

The Hindu  

The government's steps such as mandatory quality norms and increase in customs duties have significantly helped the domestic toy players to boost exports and reduce dependence on Chinese imports, Economic Survey said on July 22. "India's import bill for toys from China dropped from USD 214 million in FY'13 to USD 41.6 million in FY'24, leading to a decline in …

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30
8 months, 1 week ago

Niti Aayog: India’s Electronics Output Can Reach $500 Billion by FY30

Deccan Chronicle  

Chennai: India can increase its electronics production five-fold to touch $500 billion by FY30, with $200 -$225 billion worth exports of both finished goods and components by becoming an integral part of the global value chain through focused policy interventions, finds Niti Aayog. However, the electronics sector has a very high participation in the global value chain with 75 per …

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions
9 months, 2 weeks ago

India's electronics sector loses ₹1.25 lakh crore due to India-China tensions

Hindustan Times  

Escalating tensions with China are said to have cost Indian electronics manufacturers $15 billion in production losses as well as 100,000 jobs in the past four years, the Economic Times reported. In submissions to various ministries, the electronics manufacturing industry said India has also lost out on a $10 billion export opportunity besides $2 billion in value addition loss, according …

Up 2.3 times in 15 years, India’s Chinese import bill to rise further
11 months ago

Up 2.3 times in 15 years, India’s Chinese import bill to rise further

The Hindu  

India’s imports from China crossed $101 billion in 2023-24 from about $70 billion in 2018-19, and the country’s share of India’s industrial goods imports has risen from 21% to 30% over 15 years, according to a report by the Global Trade Research Initiative which reckoned that Chinese imports will rise sharply in coming years. Goods imports from China have risen …

India’s coal imports to fall for first time since pandemic amid high stockpiles
1 year, 1 month ago

India’s coal imports to fall for first time since pandemic amid high stockpiles

Live Mint  

India's thermal coal imports are expected to fall for the first time this year since the COVID-19 pandemic due to increasing domestic output and record-high inventories, industry officials said on Tuesday. Pawan Kumar, head of coal sourcing at power producer SEIL Energy India, said he expects thermal coal imports to fall over 3% to 170 million tons, while Rodrigo Echeverri, …

EU carbon border tax will do little to cut emissions: ADB study
1 year, 1 month ago

EU carbon border tax will do little to cut emissions: ADB study

The Hindu  

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank said in a report published on Monday. The Carbon Border Adjustment Mechanism was introduced to address concerns that the outsourcing of manufacturing had put large parts of the …

What can India learn from countries like Vietnam to become an export giant?
1 year, 1 month ago

What can India learn from countries like Vietnam to become an export giant?

The Hindu  

Like with the last episode of Business Matters, this one too was triggered by a headline I saw in an article: “India fears losing out to China in smartphone exports race”. This Reuters piece cited IT Minister of State Rajeev Chandrasekhar’s letter dated January 3 to Finance Minister Nirmala Sitharaman expressing fears that India’s high tariffs could be a deterrent …

India’s rival is Vietnam in the game of attracting global manufacturers
1 year, 1 month ago

India’s rival is Vietnam in the game of attracting global manufacturers

Live Mint  

If India wants to build a robust computer and electronics manufacturing industry, it needs to shift focus, fast. The latest reminder of this urgency came last week with a US appeal for New Delhi to make the business environment easier and more transparent to navigate, or keep losing out on foreign direct investment. Though India is getting a lot of …

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