If trade between the two Himalayan neighbouring countries, India and China, continues to grow at the same pace then not much time is left until when bilateral trade between the countries would touch the $40 billion mark. Analysts believe that the India – China bilateral trade is all set to rise from the current $25 billion to $40 billion by 2009, thus the target would be achieved by one year in advance. In Q1 2007, trade registered a growth of 58% and has touched $8.2 billion. It is being forecasted that bilateral trade between the countries would build up to $43 billion by 2010.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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