Thread by @gvkreddi

(1/n)Thread on "The Call to Boycott Made in China Products".
Src: CNBC TV18

#India's Trade Deficit with #China:
FY17: Rs.3,43,853 cr
FY18: Rs.4,06,241 cr
FY19: Rs.3,74,790 cr
FY20: Rs.3,06,634 cr (Apr-Jan)

#investment #AtmaNirbharBharat #coronavirus #economy #GDP #stockmarket

(2/n) India - China trade Imbalance:

Imports: US$70,408 mn
Exports: US$16,783 mn
Deficit: US$53,625 mn

#China #India #BoycottChina #BoycottMadeInChina #BoycottMadeInChina #investors #import #export #CoronavirusIndia

(3/n)- India's imports from China:
Category : Share
Manufacturing: 95.94%
Chemicals: 19.53%
Engg & Transportation: 30.67%
Electronics: 31.63%
Ores & Minerals: 1.62%
Agri & related: 0.44%
Crude & petro prdts: 1.42%
Others: 1.58%

#BoycottChina #BoycottMadeInChina

(4/n) - What India imports from #China?

88% components used in mobile handsets
60% of medical devices
40% of pharma ingredients used for domestic consumption
80% of products used by solar power industry

#StockMarket #investors #investment #stocks #trading #India #BoycottChina

(5/n) What India exports to China?

Category : Share
Manufacturing: 60.54%
Chemicals: 21.35%
Engineering: 10.54%
Textiles: 9.33%

The end!🙏

So, #BoycottChineseProducts immediately.

#China #ChinaIndiaFaceoff #trading #investment #investors #equities #India #economy #gdpgrowth