India's focus should be on reducing dependence on China for certain critical inputs: NITI Aayog's Suman Bery

Updated: Feb 5 2023 3:17PM

India's focus should be on reducing dependence on China for certain critical inputs: NITI Aayog's Suman Bery

New Delhi, Feb 5 (PTI) NITI Aayog vice chairman Suman Bery on Sunday said that India's focus should not be on overall trade deficit with China, instead it should be on reducing New Delhi's dependence on Beijing for certain critical inputs.

According to Bery, the right response is to diversify to other sources of supply for critical inputs including active pharmaceutical ingredients (APIs) and supply chain for renewables.

China is the world's largest producer and exporter of APIs and many of the Indian companies depend on imports of the ingredients to produce various formulations.

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