In this episode, journalist and author Puja Mehra speaks with economist Dr. Nisha Taneja, Professor at ICRIER and author of a comprehensive study on India–China trade, about how India can recalibrate its economic relationship with China. Taneja explains why India’s imports from China continue to rise despite policy tightening and geopolitical tensions, and why efforts to restrict trade have not reduced dependence. She outlines how India can expand its export base by targeting a $161 billion opportunity in pharmaceuticals, machinery, shrimp, gems, and tourism, while building competitiveness in medium and high-tech sectors. Taneja also highlights the need for a clearer institutional framework to separate politics from trade, encourage investment in manufacturing, and deepen business-to-business dialogue. Drawing on decades of research, she argues that India’s real leverage lies in its human capital and its ability to diversify. Tune in for insights on how India can seize an opportunity with China that it has too long overlooked.

RESOURCE LINKS

https://icrier.org/pdf/Calibrating_India_s_Economic.pdf

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We Assume India Can’t Export to China, But There’s a $161 Billion Market Waiting