India and China face a complex trade relationship, with India facing $99.2 billion deficit in FY25. India dependent on China, especially in electronics, machinery, and fertiliser. To manage strategic autonomy, India should provide credit to MSMEs, boost exports, diversify markets, invest in high-tech manufacturing, and balance strategic autonomy with engagement with major powers.
Click to View MoreChina's increasing export controls pose a threat to India, whose economy depends on China for critical minerals production and rare earth processing. India's response includes diplomatic pressure, diversification of supply chains, strengthening international partnerships, and implementing Atmanirbhar Bharat to reduce import dependence.
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