NITI Aayog, the Indian government’s policy think-tank, has launched a study to formulate a comprehensive action plan addressing the widening trade deficit with China. With tensions escalating since the Galwan clash in June 2020, the study aims to align trading strategies with emerging geopolitical situations and safeguard supply chains. Focused on reducing the trade gap and supporting India’s Make in India campaign, the study will analyze trade trends at a product category level, examine supply chains, and recommend policies to enhance local production and productivity. The move comes as about 32% ($83.1 billion) of India’s merchandise trade deficit in 2022-23 was with China alone.