China Chinese Distribution Economy Electronics Expansion Export Exports Factory Import India Indian Investment Manufacturing National Security Supply Chain Technology
China’s decision to impose export controls on tunnel boring machines (TBMs) has highlighted India’s reliance on overseas suppliers for crucial equipment, sparking concerns over the country’s infrastructure expansion plans. The restrictions, effective November 18, underscore a strategic vulnerability in India’s industrial ecosystem, which is yet to achieve self-sufficiency in manufacturing high-value machinery. India’s infrastructure spending is on the rise, but the challenge lies in developing domestic manufacturing capability to meet the increasing demand. China’s new controls mandate exporters of TBMs and specified machinery to obtain licenses under its export control framework, citing national security interests. The measures, covering machinery like…
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