fbpx

Type to search

India’s Imports From China Soar to Record Level – The Hindu

Imports totalled $89.66 billion in the first nine months of this year as India purchased more Chinese machinery and intermediate goods, the Hindu said


More than half of India's $10 billion in annual imports of personal computers and tablets come from China.
More than half of India's $10 billion in annual imports of personal computers and tablets come from China. Photo: Reuters

 

India’s imports from China rose by 31% to hit a record high in the first nine months of this year, The Hindu reported.

Imports totalled $89.66 billion during this period as India purchased a greater amount of Chinese machinery and intermediate goods, and beat the previous record of $68.46 billion recorded in 2021, the report said.

Read the full report: The Hindu

 

 

Read more:

China Sees Surging Exports of Covid Equipment to North Korea

China Exports to Russia Soar Despite Economic Slowdown

Small Indian Banks Talking With Russia on Payment System

 

 

 

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.