Imports from China rising fast: Ficci
• NEW DELHI: Imports from China have increased at a much faster pace than those from India's other trading partners, even as the two countries are considering a market enlarging regional trade agreement, industry body Ficci has said. "India's imports from China have increased over eight-fold since 2001-02 whereas increase in our imports from the world was only three-fold during the same period," Ficci said. This has increased China's share in India's imports from around 4% in 2001-02 to 9.4% in 2006-07, while India's share in Chinese world imports continues to be 1.3%, it said. The chamber further said not only is the average growth rate of Chinese imports is very high, but share of China has also increased significantly in India's imports over the last six years.