TPCI Publication

The study focuses on how India can tap the top export destinations of China such as USA, Japan, South Korea and Vietnam as with weakening Chinese position in the global market. After 2010, the Chinese Economy suffered a continuous decline in growth rate of GDP, imports as well as exports. The downturn is evident from the fall in the growth rate from an average of 9.9% for 2005-14 to 6.9% in 2015. The decline in growth has spillover effects over the world and also on the Indian sub-continent. Since India is one of the fastest growing economies in the world, it becomes an opportunistic situation for Indian exporters to capture the markets lost by Chinese industries This would not only help increase India’s exports but also help in the revival of consumer demand in the world, amidst the global economic glut.