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China's critical mineral squeeze: GTRI urges urgent localisation drive; reverse-engineering push seen key to cutting $100 bn trade gap
China's mineral export restrictions pose a challenge to India's industries. Global Trade Research Initiative urges India to reduce dependence on China. They suggest reverse-engineering and local production. Restrictions impact electronics, defense, and clean energy sectors. Trade deficit with China has surged. Chinese firms dominate key Indian supplies. GTRI proposes industrial labs for domestic capacity building.
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