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India looking to replace 75% of Chinese Imports

August 2020: India has identified 327 items accounting for nearly 75% of total imports undertaken from China which can be substituted by alternative countries. These include items such as- mobile phones, telecom equipment, cameras, solar panels, air-conditioners and penicillin. Out of nearly 4,000 items imported from China, it has been identified that for over 82% of these imports (3,300 products), China is not the most competitive manufacturer. In 2018-19, official numbers had pegged imports from China at  € 64.8 Billion. India is looking at Import Diversification Strategy considering the Security Concerns due to Border Disputes and also post Covid strategy of diversifying Supply Chains.