Commerce Ministry of India made a
study the trade war between the US and China offers an opportunity to India for
boosting exports of as many 350 products such as chemicals and granite to these
countries.
The ongoing trade war between the US and China
an opportunity to India for boosting exports around 350 products such as
chemicals and granite to these countries.
These products are part of the study carried out
by the commerce ministry.
Both the US and China are imposing heavy import
duties resulted in trade war kind of situation.
Around 151 domestic products includes diesel,
X-ray tubes to displace the US exports to China.
Around 203 Indian goods like rubber and graphite
electrodes have the advantage to displace Chinese exports to the US.
The Indian products can tap chinese market include
copper ores, rubber, paper, paperboard, equipment for transmission voice/data
in a wired network, tunes and pipes.
The Federation of Indian Export Organisations
President Ganesh Kumar Gupta the trade war between the US and China is
benefitting India.
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