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According to a report by the Global Trade Research Initiative (GTRI), India’s imports from China crossed ____________ in 2023-24.

$30 billion

$50 billion

$70 billion

$101 billion

Explanation:

India’s imports from China crossed $101 billion in 2023-24 from about $70 billion in 2018-19, and the country’s share of India’s industrial goods imports has risen from 21% to 30% over 15 years, according to a report by the Global Trade Research Initiative (GTRI) which reckoned that Chinese imports will rise sharply in coming years.

By: Brijesh Kumar

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