India’s bilateral trade with China rose by a third in the year to March, throwing a spanner on Prime Minister Narendra Modi’s drive to wean the South Asian nation from relying on its hostile neighbor for cheap imports and promote a thriving domestic industry.
Total merchandise trade between India and China rose 34% to $115.83 billion in the 12 months to March 2022, according to data from the commerce ministry released to parliament last week.
