While the impact of coronavirus on Indian industry has so far been moderate, India’s extremely high import dependence on China means there are significant ramifications for Indian industry. Of the top 20 products that India imports from around the world, the average Chinese share is close to 30 percent. Sectors in India that have been are impacted by the coronavirus in China include shipping, pharmaceuticals, automobiles, electronics, textiles, and solar power. (All information sourced from […]
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