India examines China's trade restrictions on IT and services firms
What Happened
India is compiling a list of trade barriers faced by its services exporters in China, including licensing requirements, registration rules, data-localisation norms, cybersecurity regulations, visa restrictions and recognition of professional qualifications. The commerce department has sought industry input to identify obstacles affecting Indian firms operating in the Chinese market.
Key Takeaways
The review aims to help Indian companies tap China's large services market. While India's services exports to China were about $8.95 billion in 2024, industry representatives say significant restrictions continue to limit access, particularly for IT, digital and professional services firms.