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Trade between India and China has nearly doubled in the span of five years. This sharp expansion in commercial activity leaves New Delhi with a widening trade deficit. India Trade between India and China has nearly doubled in the span of five years. This sharp
expansion in commercial activity leaves New Delhi with a widening trade deficit. India faces a difficult choice regarding how to build its industrial future. Policymakers must navigate heavy reliance on manufacturing components from Beijing. Domestic industries
continue to require steady inflows of these essential materials. At the same time, national leaders aim to decrease dependence on foreign imports. Balancing immediate industrial needs with long-term economic independence remains a challenge. The ongoing
trend highlights the complex hurdles in reshaping regional trade dynamics.