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Cabinet to approve PLI scheme for electronics, medical devices

India China trade 2020 I China topples US as India s top trading partner in 2020; New Delhi s exports to Beijing increase

Updated Feb 24, 2021 | 13:06 IST India’s exports to China increased by 11% to $19 billion in 2020 despite Covid-19 demand shock which led to subdued global trade during the year China topples US as India s top trading partner in 2020; New Delhi s exports to Beijing increase  |  Photo Credit: Thinkstock Key Highlights India’s exports to China increased by 11% to $19 billion in 2020 despite the Covid-19 demand shock India s trade deficit with Beijing stood at $40 billion in 2020 India blocked 220 Chinese apps in retaliation to Galwan Valley border conflict which left casualties on both sides China clawed back to being India’s largest trading partner overtaking the US in 2020 despite the Indian government’s best efforts to reduce reliance on cheap Chinese exports amid a tense border conflict with the PLA in eastern Ladakh.

Cabinet approves Production Linked Incentive Scheme for laptops, tablets, servers, all-in-one PCs

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