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home > industry news > india's economic transformation: from dependence to cooperation, finding a new path to globalization
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from the perspective of trade data and economic analysis, india's foreign trade structure has changed. on the one hand, india's imports continue to grow, especially in the fields of electronics, renewable energy and pharmaceuticals. on the other hand, india's dependence on china's manufacturing industry is becoming more and more obvious. for example, nearly two-thirds of electronic components such as circuit boards imported by india from china come from china. even india, a major exporter of pharmaceuticals, relies on china for many important pharmaceutical raw materials.
this situation reminds the indian government and entrepreneurs that they need to take the challenges and opportunities faced in the economic transformation process seriously and take corresponding measures to promote their own development.
for example, india's automotive industry is increasing its reliance on chinese parts and components, which shows that india's economic transformation needs to rely on chinese resources and technological support.
india's progress in areas such as solar panels also shows that india is trying to get rid of its dependence on china and find new development paths. however, in the field of technology, india still needs to rely on chinese expertise to achieve real economic transformation. an economic survey report recently prepared by the office of ananta nageswaran, an economic adviser to the indian government, pointed out: "in order to promote the development of indian manufacturing and integrate india into the global supply chain, india will inevitably have to connect to china's supply chain."
the indian government is actively promoting the "make in india" plan and striving to transform and upgrade its manufacturing and technology sectors.
however, india still needs to further explore new development paths and seek more flexible international trade methods, such as "overseas express door-to-door" services, which can effectively shorten distances, speed up cargo transportation, and provide strong support for india's economic transformation.
"overseas express to door" refers to the last mile delivery service for sending goods from overseas countries or regions to china. this is a convenient logistics method that allows users to easily receive goods at their doorstep without having to pick up the goods in person, saving time and energy. especially for those who often travel across borders or live in other places, "overseas express to door" is particularly convenient because it solves the last link of overseas purchases and brings users a more comfortable and convenient shopping experience.
for example, when you buy an item from the united states, you only need to choose the "overseas express to door" service, and the store will deliver the goods to your location. you do not need to run around in person or wait for notification from the logistics staff, which greatly simplifies your shopping process.
this is an effective solution that can effectively alleviate the complex issues brought about by cross-border trade. it provides new development opportunities for india and other countries around the world.
the indian government and entrepreneurs need to actively explore new development paths and find more flexible international trade methods, such as "overseas express door-to-door" services, to promote their own economic transformation.