Building In India, But Still Needs ChinaThis is where India’s de-risking strategy becomes complicated.
The Koan Advisory-ICS report found that the number of six-digit tariff lines where China accounted for at least 80% of India’s imports rose from about 461 in 2018-19 to 636 in 2025-26.
The report argued that this indicates the dependence has widened rather than simply shifted temporarily.
Building In India, But Still Needs China
This is where India’s de-risking strategy becomes complicated. The Koan Advisory-ICS report found that the number of six-digit tariff lines where China accounted for at least 80% of India’s imports rose from about 461 in 2018-19 to 636 in 2025-26. The report argued that this indicates the dependence has widened rather than simply shifted temporarily.
