In April 2025, India's trade deficit with which country widened to a record $99.2 billion?

Correct option is B

The correct answer is: (b) China

Explanation:

• In the fiscal year 2024–25, India's trade deficit with China reached a record $99.2 billion, marking a 17% increase from the previous year.

• This widening gap was primarily driven by a surge in imports from China, particularly in electronics, electric batteries, and solar cells.

• In contrast, India's exports to China declined by 14.5%, totaling $14.25 billion, the lowest since FY2014.

• The total bilateral trade between India and China amounted to $127.7 billion, with China becoming India's second-largest trading partner after the United States.

Information Booster:

• India's imports from China in FY25 totaled $113.45 billion, up from $101.73 billion the previous year.

• Key import categories included electronics, electric batteries, and solar cells.

• The decline in exports to China is attributed to reduced demand for Indian goods and increased competition from other countries.

• The Indian government is considering measures to address the growing trade deficit and reduce dependency on Chinese imports.