India’s Electronics Import Paradox: Chinese Shipments Spike Despite Tightening Vigil
India’s electronics imports from China surged to $8.8 billion in Q1 2024, marking a 27% year-on-year increase, even as New Delhi intensifies scrutiny on inbound shipments. The latest customs data reveals a puzzling trend—growing dependence on Chinese components despite the government’s aggressive self-reliance push. Key Findings from the Trade Data 📌 Top Import Categories (From China): 📌 Contradictory Trend: […]