PHDCCI urges India to reevaluate FTAs to combat Chinese dumping impacting local markets.
The PHDCCI has called on the Indian government to reassess Free Trade Agreements (FTAs) to combat Chinese dumping, which undermines local markets by selling goods below production costs. PHDCCI President Sanjeev Agrawal noted a rise in exports of electronic goods and agricultural products, attributing this to stronger supply chains. India's trade data shows a 5.3% export growth from April to August 2024, though challenges remain due to competitive pricing from China.
September 18, 2024
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