Industry Odisha Bureau, Jul 5: Ambassador to China Vikram Doraiswami yesterday reportedly pitched for more exports from India to China and more Chinese investment into India arguing that it would be well and good for wider relationships between the two neighbouring countries.
Reportedly speaking at the World Peace Forum (WPF), an annual foreign policy forum in Beijing, the Indian envoy to China said, ““Obviously, we would like to be able to export more to China, particularly, in areas where we believe we have a competitive advantage, like pharmaceuticals. For instance, we’re one of the world’s big exporters of pharmaceuticals to advanced markets like the USA.”
Despite the reported “disengagement along the Line of Actual Control (LAC)”, it has also been reported that, “trade between India and China remains lopsided, with a ballooning deficit.”
According to India’s Commerce Ministry data, “China was India’s largest trading partner in 2025-26, with bilateral trade growing to $151.1 billion, while the deficit stands at $112.16 billion.”
Even India’s incumbent Ambassador to China, Vikram Doraiswami, has reportedly said that, “regardless of the ups and downs of the larger political relationship”. India’s exports to China have also increased recently. That means that the market opportunity is there. We need to find ways of making it easier”.
Media reports have also claimed that, “India continues to import large amounts of electrical machinery and finished goods from China, as well as a range of intermediate goods.”
Reportedly speaking on more investments into India from China, Doraiswami said, “The policy environment has been specifically changed in the last few months to facilitate greater Chinese investment. In March, India relaxed the restrictions on investments from China that were imposed in early 2020.”
Reportedly remarking that, “It’s good for the economics of the relationship, and also good for the larger country-to-country relationship,” the Indian Ambassador to China also reportedly added, “India is willing, not just to help make the investment happen, but also to listen to their concerns and find ways in which we can offer more handholding assistance to enable Chinese businesses to come into India.”
He further reportedly said, “As the relationship is moving towards normalisation, the government of India has taken steps to re-establish opportunities for Chinese businesses to invest in the Indian market”.
