By Somanath Sahu
Biswajitdhar, professor of economics at Jawaharlal Nehru University, said, “The presence of Indian diaspora is creating demand for Indian goods such as consumer items and we are supplying that. A balanced trade deals with further boost economic ties.”
China was India’s top trading partner since 2013-14 till 2017-18. Before China, UAE was the country’s largest trading partner. The bilateral trade between India and China has dipped to $81.87 billion in 2019-20 from $87.08 billion in 2018-19.
Ludhiana –based hand tools association president Subhash Chander Ralhan said there is huge potential to boost bilateral trade between the countries on account of increasing anti-china sentiment in both the nations.