Trade Tensions Between US and China Impact India's Manufacturing Sector

INIndia|

New Delhi: The ongoing trade tensions between the United States and China are adversely affecting India's manufacturing sector, particularly in industries heavily reliant on Chinese imports. As Donald Trump prepares for his return to the presidency on January 20, potential trade and tariff wars loom, prompting China to implement precautionary export restrictions.

India's 'Make in India' initiative aimed to boost manufacturing across various sectors, including solar power, electronics, and electric vehicles. However, China's recent bans on crucial exports—such as gallium and germanium, essential for solar panels, and lithium for battery production—pose significant challenges for Indian firms. These restrictions affect not only exports to the United States but also other nations that rely on Chinese components for their manufacturing processes.

Economic analysts, such as Ajay Srivastava of the Global Trade Research Initiative, have noted major disruptions for Indian companies in the electronics and solar sectors. As India imported $101.73 billion in goods from China in 2023-24, the heightened trade friction underscores India's vulnerability. The Indian government previously imposed restrictions on Chinese investments following the 2020 Galwan Valley clash, leading to increased geopolitical tensions.

India's reliance on Chinese raw materials and components remains a pressing concern as manufacturers navigate these evolving trade dynamics. Stakeholders hope for a resolution that could mitigate the adverse effects of China's export limitations while strengthening bilateral trade relations.

Weekly Newsletter

Loading...

More from India

Shocking Video of Bear Torture Surfaces in Chhattisgarh

A disturbing video showing the torture of a bear has gone viral, prompting outrage across social media. The incident reportedly took place in the Sukma district of Chhattisgarh, where it has been claimed that local villagers tortured the bear to death. According to forest officer RC Dugga, the footage depicts the bear in extreme pain, suffering injuries from being hit with sticks and having its nails pulled out. It also shows individuals violently manipulating the bear's body. Local officials stated that anyone found guilty of such acts could face jail sentences of up to two years under animal cruelty laws. In response to the incident, the Sukma forest division and range officer have formed a team to locate those involved, and a reward of ₹10,000 (approximately $120) has been announced for any information leading to their identification. This case highlights ongoing concerns about animal welfare and the need for stricter enforcement of laws protecting wildlife in India.
INIndia

Rajasthan NGO Busted for Human Trafficking Under Mass Marriage Scam

Authorities in Rajasthan have dismantled a human trafficking operation disguised as a non-governmental organization (NGO) that falsely claimed to facilitate mass marriages for women from impoverished backgrounds. The Gayatri Sarva Samaj Foundation, located in a farmhouse near Bassi, allegedly bought girls from agents trafficking children from Bihar, West Bengal, Odisha, and Uttar Pradesh, selling them to young men for prices ranging between ₹250,000 to ₹500,000 (approximately $3,000 to $6,000), as reported by Bassi police station in-charge Abhijit Patil. The scheme came to light when a 16-year-old girl from Uttar Pradesh escaped and contacted police, leading to a raid on the farmhouse. During the operation, officials arrested the NGO's director, Gayatri Vishwakarma, along with three accomplices, including Hanuman, Bhagwan Das, and Mahendra. Investigators revealed that Vishwakarma had been involved in approximately 1,500 such arranged marriages and had multiple prior cases against her. Authorities also found that she falsified identification documents to misrepresent the ages of minors, indicating a deep-rooted criminal enterprise.
INIndia

19-Year-Old Woman in Varanasi Claims She Was Kidnapped and Gang-Raped by 22 Individuals

A 19-year-old resident of Lalpur, Varanasi, reported being kidnapped and gang-raped by 22 men over a week-long ordeal. According to police, the young woman left her home on March 29 to visit a friend but did not return. Her family filed a missing persons report on April 4. The following day, she was reportedly drugged and released by her captors at Pandeypur intersection. She managed to reach a friend's house and later informed her father, who filed a formal complaint with the police. Investigators revealed that the alleged assaults took place at multiple locations, including a hookah bar and guest houses. Six suspects have been arrested, while a manhunt continues for the remaining individuals. Authorities are cautious in releasing information about the accused, some of whom may be minors. "The rape complaint was lodged only on April 6," stated Chandrakant Meena, a senior police officer, highlighting a delay in official reporting of the incident. Ongoing investigations aim to uncover further details surrounding this disturbing case.
INIndia
All India News ->