India’s China Challenge: Trade Deficit & PLI Schemes

Despite tensions along the LAC remaining high for the past two years, India’s trade with China has continued to expand. What’s driving this trend? Is a high trade deficit with China a strategic problem? And are India’s PLI schemes the answer to boosting Indian manufacturing and reducing vulnerabilities vis-a-vis China? Manoj Kewalramani and Pranay Kotasthane discuss all this and more.