India Seeks Better Market Access in China to Reduce Trade Deficit, Boost Exports of Key Products.

The trade deficit between India and China has prompted the Indian government to engage with Chinese authorities to improve market access for Indian products. Efforts include addressing procurement barriers, enhancing bilateral trade discussions, and facilitating exports of agricultural, dairy, and pharmaceutical products. Protocols have been signed to boost exports of specific Indian goods like rice and fish oil. Additionally, India is promoting domestic manufacturing through initiatives like Make in India and supporting exporters via trade fairs and schemes under the Foreign Trade Policy 2015-20. These measures aim to create a balanced trade relationship and increase Indian exports to China.