India's trade gap with China soars during Apr-Oct

India's merchandise trade deficit with China has risen 13% during the first seven months of the current fiscal year, despite government measures aimed at cutting reliance on the Asian manufacturing major and restrictions on import of certain products from the country.

- Rhik Kundu

India's goods trade deficit with China widened to $57.83 billion during April-October from $51.12 billion a year ago, according to data from the commerce and industry ministry.

In October, the trade deficit stood at $8.46 billion, up from $8.27 billion a year ago.

A trade deficit occurs when a country's imports exceed its exports. China was the largest source of India's imports in the April-October period, followed by Russia and the UAE.