Boost South Korea, Japan ties to cut reliance on China: GTRI

New Delhi: India must strengthen partnerships with Japan and South Korea to source high-quality components for electronics, solar panels, and EVs to help cut reliance on China amid Beijing's restrictions on export of key inputs and machinery, think tank Global Trade Research Initiative (GTRI) said Thursday.

Cautioning that China's export restrictions are part of a broader trade war strategy and its response to India's curbs on Chinese investments and visas, it said that Indian firms in electronics, solar, and EV sectors are facing delays and disruptions.

"This also signals deeper geopolitical tensions and trade war. We hope India-specific restrictions go away soon as they will also hurt China," GTRI founder Ajay Srivastava said.


He added that while these measures impact India's electronics, solar, and EV sectors, they are also harmful to China's own manufacturing and exports.

"Indian firms in electronics, solar, and EV sectors are facing delays and disruptions as China blocks exports of inputs and machinery," it said.