India's Trade Deficit with China Crosses $100 Billion for First Time

• India's trade deficit with China has reached a record $102 billion between April and February, up from $91.1 billion last year.
• Despite a 38% increase in India's exports to China, reaching $17.5 billion, imports from China surged to $120 billion, widening the deficit.
• Key Indian exports to China include smartphones, telecom equipment, oil products, and copper-related goods.
• India heavily imports electronic goods, machinery, and components from China, indicating high dependence.
• Experts suggest boosting domestic manufacturing and reducing reliance on China to tackle the growing economic challenge.