https://www.taxtmi.com/news?id=34828 A McKinsey Global Institute report shows reorientation of India's trade and value chains: Russia's share in India's oil imports rose markedly between 2017 and 2024; India's imports from China are increasing while exports to China fall; India's exports to the US and Europe are increasingly dependent on China; ASEAN and other intermediaries are redirecting flows, creating both supply chain risks and potential opportunities through active diversification. en-us Fri, 21 Feb 2025 18:01:04 +0530 Fri, 21 Feb 2025 18:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34828 A McKinsey Global Institute report shows reorientation of India's trade and value chains: Russia's share in India's oil imports rose markedly between 2017 and 2024; India's imports from China are increasing while exports to China fall; India's exports to the US and Europe are increasingly dependent on China; ASEAN and other intermediaries are redirecting flows, creating both supply chain risks and potential opportunities through active diversification. News - Fri, 21 Feb 2025 18:01:04 +0530 https://www.taxtmi.com/news?id=34828