New Delhi: India's import from China increased from $61.28 billion in 2016-17 to $65.21 billion in 2020-21, registering an annual growth rate of 1.28% during the time, the Minister of State for Commerce and Industry Anupriya Patel stated in the Rajya Sabha in a written statement on Friday.
She also said that the imports from China remained static between 2019-20 and 2020-21. The Union MInister also said that the major items of import from China include telecom instruments, computer hardware, fertilizers, electronic components, and instruments.
"Many of these imported items are used for meeting the demand of fast expanding sectors like telecom and power in India. Some of our imports from China like the Active Pharmaceutical Ingredients (APIs) and drug formulations provide the Indian pharma industry raw material for producing finished goods which are also exported out of India," said Patel.
