SME Times is powered by   
Search News
Just in:   • Govt to remove barriers in credit flow for MSMEs: Union Minister  • Rupee slips to 78.68 against US dollar  • Categorisation of loans as 'Fraud' destroying billions of underlying business value  • Thoughts on MSME Day  • 87% of Indian firms to hike their AI spend by 10% in 3 years: Report 
Last updated: 19 Dec, 2017  

India.China.9.Thmb.jpg India's trade deficit with China at $36.73 bn in Apr-Oct

India.China.9.jpg
   Top Stories
» Govt to remove barriers in credit flow for MSMEs: Union Minister
» Rupee slips to 78.68 against US dollar
» India continues to grapple with 'severe and protracted power crisis' after surge in coal prices
» Structured support to MSMEs can pave way for business growth
» Over a quarter of MSMEs lost over 3% market share due to Covid: Crisil
SME Times News Bureau | 19 Dec, 2017
India's trade deficit with China stood at $36.73 billion for the period of April-October period, parliament was informed on Monday.

Imports from China stood at $43.46 billion, while exports stood at $6.73 billion during the period under review, Minister of State for Commerce & Industry C.R. Choudhary told the Lok Sabha in a written reply.

In 2016-17, the country's trade deficit with China had dropped by 3 per cent (approximately) from $52.69 billion to $51.11 billion.

"Increasing trade deficit with China can be attributed primarily to the fact that Chinese exports to India rely strongly on manufactured items to meet the demand of fast expanding sectors like telecom and power," he said, adding: "While India's exports to China are characterised by primary and intermediate products."
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 29 Jun, 2022
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» China's forex reserves reach USD 2.85 trillion(1)
» Skill India organizes Pradhan Mantri National Apprenticeship Mela(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter