INDIA CHINA Connect

India has become the world’s fourth-largest economy, surpassing Japan, with a GDP of USD 4 trillion, according to NITI Aayog CEO BVR Subrahmanyam.

China is launching the Su Hai No. 1, the world’s first salmon-farming vessel, in June. Built at a cost of 600 million yuan, the 250-meter ship will produce 8,000 tonnes of salmon annually, reducing reliance on imports.

A potential India–US trade agreement could transform economic challenges into opportunities by boosting exports and market access, as highlighted in India’s April 2025 Economic Review.

Apple and Foxconn are strengthening their presence in India, with Foxconn investing $1.5 billion to expand its production facilities.

India is set to dominate the global rice market in 2025-26, exporting 24 million tonnes and capturing 40% of the market. Favorable monsoon forecasts and record-high production of 121 million tonnes for 2024-25 support this outlook.

Ajay Banga, World Bank President, highlights India’s five-year window to capitalize on shifting global supply chains due to China+1.

Domestic institutional investors (DIIs) now hold a larger stake in India’s top 500 companies than foreign institutional investors (FIIs), marking a historic shift in market ownership.

The India-UK Free Trade Agreement (FTA) marks a historic milestone in bilateral relations, offering near tariff-free access for 99% of...

The global race to secure critical minerals, essential for clean energy and advanced technologies, is intensifying as nations aim to...

India’s foreign exchange reserves rose by $1.983 billion to $688.129 billion for the week ending April 25, marking the eighth consecutive week of growth, per RBI data.

The Central Board of Direct Taxes (CBDT) has expanded the scope of Tax Collected at Source (TCS) to include luxury goods priced above ₹10...

China has introduced enhanced tax refund policies to boost international tourism and spending amid economic challenges. Visitors can now...

China has urged India to collaborate in resisting U.S. trade policies, which it claims harm developing nations and disrupt the global...

Indian banks are emerging as global leaders in digital transformation, according to Deloitte’s 2024 Digital Banking Maturity report. Nine out of 12 surveyed banks achieved “Digital Champion” status, placing them in the global top 10%.

Fitch Ratings forecasts India’s FY26 GDP growth at 6.4%, slightly down from 6.5%, due to the U.S.-China trade war's global ripple effects. The agency cut 2025 global growth projections to 1.9%, with U.S. growth revised to 1.2% and China to 3.9%. Elevated tariffs, exceeding 100%, between the two nations drive this slowdown

India is advancing its manufacturing sector by limiting Chinese firms to 10% equity in joint ventures, ensuring technology transfers to empower local expertise. Prioritizing collaborations with supply chain firms over brands, India fosters a robust domestic ecosystem.

India has transitioned from a closed economy to a global consumer powerhouse since its 1990s liberalization.

India’s consumer and retail sector achieved its highest deal activity in three years during Q1 2025, with 139 deals worth $3.8 billion—a 65% rise in volume and 29% in value, according to a Grant Thornton Bharat report.

China has expressed willingness to address India’s $100 billion trade deficit by increasing imports of Indian goods and easing trade barriers.

Foreign corporations leased 111.6 lakh sq ft of office space in India during January-March 2025, contributing 62% of total demand across