Imports from China fall across sectors: Govt

India's imports from China declined across multiple sectors, including fertilisers, chemicals, iron and steel, and man-made yarn, in 2024-25, the commerce and industry ministry told Parliament. Mobile phone imports fell to ₹3,710 crore in 2024-25 from ₹48,609 crore in 2014-15. In contrast, mobile phone exports rose to over ₹2,05,017 crore in FY25 from ₹1,566 crore in FY15. "In 2024-25, a decline in imports from China was observed across several sectors compared to the previous year," Jitin Prasada said. In a separate reply, he said:"The government of India undertakes appropriate measures, from time to time, to address concerns raised by various stakeholders, including in matters relating to national interest." Prasada said.

from Economic Times https://ift.tt/cOIPlGV