India's imports from China increased by 13.05% to $10.28 billion in July, while exports to China fell by 9.44% to $1.05 billion, according to commerce ministry data.  During AprilJuly 202425, Indi...

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- India's imports from China increased by 13.05% to $10.28 billion in July, while exports to China fell by 9.44% to $1.05 billion, according to commerce ministry data.
- During April-July 2024-25, India's exports to China dipped by 4.54% to $4.8 billion, and imports grew by 9.66% to $35.85 billion, resulting in a trade deficit of $31.31 billion.
- Exports to countries like the UK, Germany, and South Africa contracted in July, but saw growth in the US, UAE, and the Netherlands.
- India's exports to the US rose by 3.15% to $6.55 billion in July, while imports increased by 1.43% to $3.71 billion, leading to a trade surplus of $12.2 billion during April-July 2024-25.
- Commerce Secretary Sunil Barthwal stated that the increase in imports from China is not a concern as it aligns with India's growing consumption and economic growth. 

 Source: [Economic Times](https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-imports-from-china-up-13-exports-dip-9-44-in-july/articleshow/112528612.cms)

India's Trade Dynamics with China: Imports Surge, Exports Decline

Journalist

India's Trade Dynamics with China: Imports Surge, Exports Decline- Grapevine

- The Economic Survey 2023-24 suggests India should focus on attracting FDI from China to benefit from the global 'China Plus One' strategy, rather than integrating into China's supply chain.
- The Survey highlights India's growing electronic exports, particularly in mobile phones, as a key area of growth.
- With multinational companies shifting away from China, India has a unique opportunity to attract Chinese investments and boost its manufacturing exports.
- The government's PLI scheme, offering tax breaks and subsidies, is crucial in attracting companies to set up operations in India, especially in the electronics sector.
- Major tech companies like Apple and Google are already increasing their production in India, signaling a positive trend for the country's manufacturing landscape. 

 Source: Inc42

Economic Survey Advocates for Increased FDI from China to Boost India's Exports

I am in shock that the Canadian PM, in the Canadian Parliament no less has alleged that India has eliminated a khalistani on Canadian soil. 
I still remember the days, when the single greatest attack on the soul of the country took place in Mumbai on 26/11, all we could do was establish backchannel diplomacy with the likes of the US to get Pakistan to 'calm down'. Not a single bullet was fired in return in a nation that perceived our weak national security as par for the course, getting the Congress led UPA that presided over this moment of unparalleled humiliation, a thumping verdict in 2009. That was an India where we would lament the lack of credible retaliation options including Covert Ops. It was often stated that IK Gujral rolled back R&AW operations outside the country as an excuse for our lack. Although, no action was taken to initiate the operations again. NONE. But excuses were ready should failures occur again.

That India of my childhood, seems like a distant past. When URI and Balakot happened, we crossed the LoC and launched Spl Ops to impose rising costs upon Pakistani aggression. Khalistani or old thoroughbred battle hardened Islamic Jihad commanders in Pakistan or PoK are being neutralized, further raising costs to threatening Indian interests. 

This is not the India I grew up in. 2004-14, when we ought to have taken off, came a pauper after the initial global liquidity fuelled growth from 04-07. Congress went on a far left loony socialistic binge, with massive amounts of debt given to Crony Industrialist friends leading to an NPA crisis which led to Private investment paralysis, plummeting growth further, and inflation hitting the skies. 

But now, we are poised for a decade or two of rapid, high quality, solid economic growth. All of these factors combine to bolster our Gross National Power like never before. 

We were supposed to be poor, timid and helpless. We pursued sympathy over strength. But I guess, this is no longer the India we knew of.

This is NOT the India I grew up in

Co-founder

Welcome to Office Gossip's Private Community

Had a chat with a legendary soonicorn founder yesterday evening and his take was that we are definitely not getting another bull run this decade.

I obviously think more optimistically and hopefully things will look up soon.

What do you all think about this tho?

Reply in comments. Do you all think we ever getting the bull run again? 😔

Product Manager

Welcome to Personal Finance's Private Community

Both indexes began diverging sometime close to when Fed started to aggressively hike rates. It appears that the post-COVID rally was more favourable to the S&P but NIFTY is currently outperforming on absolute returns.

My idea is fundamentally simple. Financial prudence during the raging recovery paid off for us, the economy appears resilient and poised to do well in the near to mid-term. It also reflects that markets are pricing recessionary risk very differently to both markets.

Any ideas by others?

[Thread] Why is the Indian Public Market outperforming the US Public Market?

- India became the largest importer of Russian oil in July, surpassing China due to lower profit margins in Chinese fuel production.
- Indian shipments of Russian crude increased by 12% year-on-year, reaching a record high of 2.07 million barrels per day (bpd).
- India's July oil imports from Russia exceeded China's 1.76 million bpd, including both pipeline and shipment deliveries.
- Indian refiners are capitalizing on discounted Russian oil following Western sanctions against Moscow.
- Iraq, Saudi Arabia, and the UAE followed as India's top oil suppliers, with Middle Eastern imports rising by 4% in July. 

 Source: [Times of India](https://timesofindia.indiatimes.com/business/india-business/india-beats-china-to-become-russias-top-oil-buyer-in-july/articleshow/112706542.cms)

India Surpasses China as Russia's Top Oil Buyer in July

Why is India so dependant on chinese goods, what are some goods that we import the most🤔
Is there anyone here building in india in substitute of chinese imported goods

Chinese Export Market🤯

Welcome to Indian Startups's Private Community

When will founders learn that it is almost impossible to make a profitable consumer oriented startup in India.

India is NOT USA. In India, people are not easily going to pay for your service. 

It is just a matter of time before most of them packs their bag.

Gloomy future for 99% of Indian startups

Software Engineer

curious to know. I remember fiscal strategy was quite different from other countries during covid. 

the government focused on infrastructure related expenses rather than direct benefit transfer.

What do you think we are doing right as a country?

Love him or hate him, but please watch the video once. This increasing dictatorship has to end.

Explore the intricate dynamics of democracy in India with our latest video, where we scrutinize the growing concerns around the 'One Nation, One Party' ideol...

Is India becoming a DICTATORSHIP? | Chandigarh Elections | Farmers Protest | Dhruv Rathee

Watch before it’s too late…

I geniually want to understand why we are behind in manufacturing ? Although I'm from commerce background but I would love to know how does one start manufacturing business in India ?

What type of engineers you need ? Honestly I don't have any clue but if any has some information pls discuss here.

Why is Indian manufacturing so behind compared to China ?

- India is emerging as the next big growth market for consumer goods giants like PepsiCo and Unilever, filling the gap left by China's uneven recovery.
- Companies are targeting India's diverse population and untapped rural market with new flavors and size variants, driven by the country's fast-paced economic growth.
- Major consumer goods firms expect higher government spending, a better monsoon season, and a resurgence in private consumption to boost consumer spending in the coming quarters.
- The combined market share of top multinational companies in India is projected to rise, while their market share in China is expected to decline.
- Consumer goods companies are heavily investing in India with new product launches and packaging upgrades, contrasting with muted growth in China. 

 Source: [Reuters](https://www.reuters.com/markets/asia/pepsico-pg-india-becomes-next-big-growth-bet-china-lags-2024-08-09/)

India Becomes Key Growth Market for Consumer Goods Giants as China Slows

- At a testing facility in Tamil Nadu, Mahindra Group's new vehicles highlight India's growing automotive sector and Modi's 'Self-reliant India' campaign.
- Despite restrictions on Chinese investment, India remains heavily dependent on Chinese imports, including battery cells for Mahindra's EVs.
- Critics argue that India's tough stance on China could hinder its manufacturing ambitions, with delays in visas for Chinese technicians affecting companies like Apple.
- The Modi government is divided on whether to ease restrictions, with some officials pushing for more flexibility to attract foreign investment.
- Major Indian companies, like Tata Power, are working to reduce reliance on Chinese imports, aiming for self-sufficiency in critical sectors like solar energy. 

 Source: [Financial Times](https://www.ft.com/content/5a2b4491-5687-4b11-872d-a4f51121bbb2)

Can India’s Economy Thrive Without China’s Help?

The US is in its late stage capitalist phase, a ship that's going to sink for the next 50 years. If you're a young person there it doesn't make sense to work as hard as your Grandpa the reward on average isn't as great. 

India on the other hand is poised to become a great multi-trillion $ economy.

Onto something huge. We're talking like 10x growth of the economy here.

Start-ups that have made it like Razorpay, Swiggy, PayTM, even Cred, if they survive will be really huge as capital in the country, liquidity and lifestyles go up over the next 50 years. 

Be the capitalist, take the risks, make bets, work and stack up promotions and money.

Don't join an Infosys and work 70 hours there, do it for a start up of any scale you believe is going to make it. Or better yet start your own.

India's Trade Dynamics with China: Imports Surge, Exports Decline

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