Examining the Impact of Chinese FDI on India's Export Growth to the US
Monday, 22 July 2024, 09:03
Boosting India's Exports Through FDI from China
India has witnessed a significant transformation in its electronic exports to the US.
Key Trends in Trade
- Transition from a trade deficit of $0.6 billion in FY17
- Achieving a trade surplus of $8.7 billion in FY24
- Growth fueled by trade diversion from China
Conclusion
The analysis suggests that focusing on Foreign Direct Investment from China is a viable strategy for boosting India's exports to the US, offering significant economic benefits.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.