New Delhi: India’s overall exports to China rose by nearly 40% during the first five months of the current financial year, according to industry assessments based on government data.
Experts said the surge is being driven by rising global demand linked to artificial intelligence technologies and the rapid build-out of data centres, which has boosted shipments of electronic goods.
Official figures indicate that in the previous financial year, higher exports of smartphones, telecom equipment and printed circuit boards (PCBs) helped push India–China trade to around Rs 30,210 crore. In the April–August period of the current year, electronics exports were up by more than 15% compared with the same period last year.
Engineering exports also strengthened in the same window, with shipments of machinery and auto components rising about 21%. Exporters said changes in US tariff policies, along with the recent export uptick, could support improved economic ties between India and China.
However, the rise has not significantly narrowed the trade imbalance. China’s share in India’s total exports was 4.40% last year, up from 3% a year earlier, while India imported Chinese goods worth about Rs 12.50 lakh crore in the same year. Exporters expect shipments to China to continue growing in the coming months.
