India's Trade Delegation Visits China, Focusing Not Only on Fertilizers and Fuel but Also Learning Manufacturing Experience in Jiangsu and Shanghai!

According to media reports from The Times of India and others, India recently dispatched a significant business delegation to visit China. This marks the first such economic and trade mission organized by India since 2020. The delegation consists of members from the Punjab-Haryana Delhi Chamber of Commerce and Industry (PHDCCI). In addition to negotiating deals on fertilizers and fuel, they focused on visiting Shanghai and Jiangsu provinces from late March to early April.

Seventy percent of India’s urea raw materials come from the Middle East. After the Strait blockade, raw material supplies sharply declined. Among India’s 32 urea plants, 11 have already ceased operations. The remaining factories are operating at less than 50% capacity. Commercial inventories stand at only 21.7 million tons, while the safety stock threshold is 80 million tons—leaving a deficit of as much as 58.3 million tons. India urgently hopes for assistance from China.

The objectives of this visit were clear: beyond fertilizers and fuel, the Indian delegation placed strong emphasis on learning from China’s manufacturing expertise. They participated in multiple business matchmaking events in Shanghai, including a roundtable discussion hosted by the Consulate General of India in Shanghai. They held in-depth discussions with Chinese enterprises on various topics.

The delegation conducted on-site inspections of advanced companies in China’s new energy and electric vehicle sectors. They visited Shanghai’s Global New Energy Empowerment Center and engaged in specialized negotiations with Chinese firms in the fields of photovoltaic storage and charging infrastructure. During the exchanges, Indian companies explicitly expressed their procurement needs for energy storage systems and power batteries. Chinese firms showcased their latest technological achievements, including inverters and charging stations. Both sides reached preliminary cooperation agreements in several areas.

As Dage says, India is being pushed into this situation by the U.S. If only the U.S. showed even slightly more flexibility, the delegation’s top destination would undoubtedly have been Silicon Valley and California.

Original source: toutiao.com/article/1861777034793036/

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