Over recent years, India has witnessed a notable increase in exports to China, albeit with persistent trade deficits. The surge in imports from China, primarily driven by demand for critical materials and components, has raised apprehensions about India's economic dependency and its implications on domestic manufacturing and trade sustainability.
Mains practice question
Q. Critically evaluate the role of free-trade agreements and production-linked incentives in reshaping India's trade landscape and enhancing its global competitiveness.
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