China

India's auto industry not ready to quit China habit

Over a quarter of India's auto part imports -- $4.2 billion -- came from China in 2019, including engine and transmission parts, according to data from the Auto Component Manufacturers' Association of India. (BLOOMBERG)
R
By:
Reuters
June 25, 2020 05:35 PM

NEW DELHI -- Days after a border clash with China this month in which 20 Indian soldiers were killed, New Delhi told companies to find ways to cut imports from China. But two big industries, automobiles and pharmaceuticals, say it is easier said than done.

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