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In this video The Lallantop's Divyanshi Sumrav and Akash Singh explain the data released by the think tank Global Trade Research Initiative (GTRI). According to its report, imports from China crossed over $100 billion in FY24, China has overtaken the US to become India’s largest trading partner after a gap of two years. India’s bilateral trade with China in FY24 stood at $118.4 billion as imports increased by 3.24 per cent to $101.7 billion and exports rose by 8.7 per cent to $16.67 billion in FY24 compared to FY23. in this video we also explain.
- Which are the top 10 trading partners of India
- Exports and imports of India with its top 10 partners
- why is India dependent on China in the matter of Trade?
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Edited By: Honey