Exports to China up 37% in Apr-Dec: Minister | India News


Exports to China up 37% in Apr-Dec: Minister

NEW DELHI: India’s exports to China have increased 37% to $14.2 billion during April-Dec, govt told Rajya Sabha Friday, with shipments during the last month of 2025 jumping 67% to over $2 billion. Imports during the first nine months were up 13.5% to nearly $96 billion, latest data from the commerce department showed. In Parliament, junior minister for commerce and industry Jitin Prasada said that most of the goods imported from China are capital goods, intermediate goods and raw materials. Replying to a question, he said that during the previous financial year, 2024-25, sectors such as fertilisers (61.4%), chemicals (19.7%), iron and steel (10.3%) and man-made yarn (9.5%) have seen lower imports from China in 2024-25. “In 2024-25, a decline in imports from China was observed across several sectors compared to the previous year,” Prasada said, responding to a question on India’s trade balance with China. He also said active pharmaceutical ingredients, auto components, electronic parts and assemblies and mobile phone parts are imported and then used for making finished products. “These goods are imported for meeting the demand of fast expanding sectors like electronics, pharma, telecom and power in India. The rise in import of electronic components, computer hardware and peripherals, telephone components, etc. can be attributed to the transformation of India into a digitally empowered society and a knowledge economy,” the minister said.



Source link

  • Related Posts

    Galgotias University robot controversy at India AI Impact Summit: All you need to know about Chinese robot University showcased as own

    Galgotias University is facing backlash after a viral video from the India AI Impact Summit 2026 depicted the company showcasing a China-made robotic dog as a product developed by the…

    Cigarette stocks light up! ITC, Godfrey Phillips surge up to 12% on prospects of price hike

    Cigarette stocks lit up Dalal Street on Wednesday after reports that manufacturers had raised prices to counter higher tax outgo. Shares of ITC Ltd, Godfrey Phillips India Ltd and VST…

    प्रातिक्रिया दे

    आपका ईमेल पता प्रकाशित नहीं किया जाएगा. आवश्यक फ़ील्ड चिह्नित हैं *

    hi_INहिन्दी