China’s economy remains one of the largest and most influential in the world, with a nominal
GDP of around $19.4–$19.6 trillion (2025) and continuing moderate growth of approximately
4.8–5.0%, underscoring its pivotal role in global trade and investment.
With a vast population of over 1.41 billion, China’s GDP per capita is near $13,800, reflecting
its transition toward higher value goods and services. The economy maintains relatively low
inflation (around 1–2%). The national currency is the Renminbi (CNY/¥), supported by
extensive manufacturing, technology, services, and export sectors that position China as a key
destination for global and Indian business engagement.
India–China business engagement offers strong potential across multiple high-impact sectors
driven by scale, complementarity, and global value-chain integration. Key sectors with strong
opportunity include electronics and electrical machinery, pharmaceuticals and APIs,
chemicals and specialty chemicals, machinery and industrial equipment, renewable
energy and EV components, metals and minerals, agro-commodities, and IT-enabled
services.
In FY 2024–25, India’s imports from China exceeded USD 125 billion, largely comprising
electronics and components, machinery, organic chemicals, pharmaceutical inputs
(APIs), plastics, solar cells, batteries, and telecom equipment, reflecting China’s dominance
in intermediate and capital goods.
India’s exports to China, valued at around USD 14–15 billion, include iron ore and mineral
products, petroleum products, marine goods, cotton yarn, chemicals, spices, castor oil,
and select engineering goods, indicating scope for diversification into higher-value products.
The future scope of business lies in rebalancing trade through value-added exports,
expanding joint ventures and co-manufacturing, integrating into electronics, EV, battery,
and clean-energy supply chains, increasing pharmaceutical and medical device exports,
and leveraging China’s manufacturing scale with India’s design, software, and cost
advantages.
Strategic focus areas for expansion include electronics and semiconductor
components, green technologies, advanced materials, specialty chemicals, healthcare,
agro-processing, and digital-industrial collaboration, positioning Indian businesses for
long-term growth while strengthening participation in Asian and BRICS value chains.
China’s economy remains one of the largest and most influential in the world, with a nominal
GDP of around $19.4–$19.6 trillion (2025) and continuing moderate growth of approximately
4.8–5.0%, underscoring its pivotal role in global trade and investment.
With a vast population of over 1.41 billion, China’s GDP per capita is near $13,800, reflecting
its transition toward higher value goods and services. The economy maintains relatively low
inflation (around 1–2%). The national currency is the Renminbi (CNY/¥), supported by
extensive manufacturing, technology, services, and export sectors that position China as a key
destination for global and Indian business engagement.
India–China business engagement offers strong potential across multiple high-impact sectors
driven by scale, complementarity, and global value-chain integration. Key sectors with strong
opportunity include electronics and electrical machinery, pharmaceuticals and APIs,
chemicals and specialty chemicals, machinery and industrial equipment, renewable
energy and EV components, metals and minerals, agro-commodities, and IT-enabled
services.
In FY 2024–25, India’s imports from China exceeded USD 125 billion, largely comprising
electronics and components, machinery, organic chemicals, pharmaceutical inputs
(APIs), plastics, solar cells, batteries, and telecom equipment, reflecting China’s dominance
in intermediate and capital goods.
India’s exports to China, valued at around USD 14–15 billion, include iron ore and mineral
products, petroleum products, marine goods, cotton yarn, chemicals, spices, castor oil,
and select engineering goods, indicating scope for diversification into higher-value products.
The future scope of business lies in rebalancing trade through value-added exports,
expanding joint ventures and co-manufacturing, integrating into electronics, EV, battery,
and clean-energy supply chains, increasing pharmaceutical and medical device exports,
and leveraging China’s manufacturing scale with India’s design, software, and cost
advantages.
Strategic focus areas for expansion include electronics and semiconductor
components, green technologies, advanced materials, specialty chemicals, healthcare,
agro-processing, and digital-industrial collaboration, positioning Indian businesses for
long-term growth while strengthening participation in Asian and BRICS value chains.
Co-Founder, Taihill Venture
Founding Partner, Waveray Capital
Co- founder, UniWill Ventures
China’s economy remains one of the largest and most influential in the world, with a nominal
GDP of around $19.4–$19.6 trillion (2025) and continuing moderate growth of approximately
4.8–5.0%, underscoring its pivotal role in global trade and investment.
With a vast population of over 1.41 billion, China’s GDP per capita is near $13,800, reflecting
its transition toward higher value goods and services. The economy maintains relatively low
inflation (around 1–2%). The national currency is the Renminbi (CNY/¥), supported by
extensive manufacturing, technology, services, and export sectors that position China as a key
destination for global and Indian business engagement.
India–China business engagement offers strong potential across multiple high-impact sectors
driven by scale, complementarity, and global value-chain integration. Key sectors with strong
opportunity include electronics and electrical machinery, pharmaceuticals and APIs,
chemicals and specialty chemicals, machinery and industrial equipment, renewable
energy and EV components, metals and minerals, agro-commodities, and IT-enabled
services.
In FY 2024–25, India’s imports from China exceeded USD 125 billion, largely comprising
electronics and components, machinery, organic chemicals, pharmaceutical inputs
(APIs), plastics, solar cells, batteries, and telecom equipment, reflecting China’s dominance
in intermediate and capital goods.
India’s exports to China, valued at around USD 14–15 billion, include iron ore and mineral
products, petroleum products, marine goods, cotton yarn, chemicals, spices, castor oil,
and select engineering goods, indicating scope for diversification into higher-value products.
The future scope of business lies in rebalancing trade through value-added exports,
expanding joint ventures and co-manufacturing, integrating into electronics, EV, battery,
and clean-energy supply chains, increasing pharmaceutical and medical device exports,
and leveraging China’s manufacturing scale with India’s design, software, and cost
advantages.
Strategic focus areas for expansion include electronics and semiconductor
components, green technologies, advanced materials, specialty chemicals, healthcare,
agro-processing, and digital-industrial collaboration, positioning Indian businesses for
long-term growth while strengthening participation in Asian and BRICS value chains.
China is a vast country situated at the eastern part of Eurasia and the western coast of the Pacific Ocean. Covering a land area of 3,706,581 square miles (9,600,000 square kilometres), China is the third largest country in the world, inferior to Russia and Canada. It is 3,231 miles long from east to west and 3,417.5 miles long from north to south With the entire territory shaped like a rooster, its northernmost end reaches Mohe in Heilongjiang Province; the southernmost is at Zengmu Ansha in Nansha Islands, the easternmost at conjunction of Heilongjiang River and the Wusuli River, while the western at the Pamirs.
