India Reports Slower Import Growth from China and Rs 15,756 Crore Export Refunds Disbursed

The Indian government reported to Parliament that imports from China have slowed, rising 87.81% between FY15 and FY25 compared to 618.73% in FY05-14, while exports to China grew 38.31% year-on-year in April-January 2024-25. Imports mainly include capital goods and raw materials for sectors like electronics and pharma. Additionally, over Rs 15,756 crore has been disbursed under the RoDTEP scheme this fiscal to support exporters, benefiting more than 1.11 lakh exporters and aiding competitiveness in global markets.