The Morning Brief Rare Earths to Rx: Explaining the India-China Reset
18 snips
Aug 21, 2025 Vikas Dandekar, an expert on pharma and the Indo-China trade pact, joins economist Sachin Chaturvedi to discuss the evolving trade relationship between India and China. They delve into how China’s export restrictions on rare earths are impacting India's electric vehicle sector and agriculture. The conversation explores potential collaborations in pharma amidst geopolitical tensions and considers whether India can trust China as a trade partner. They also highlight opportunities for India in diversifying trade relationships globally.
AI Snips
Chapters
Transcript
Episode notes
Narrow Trade Package Signals Partial Thaw
- A narrow India-China trade package targets rare earth magnets, fertilizers and pharma to reverse export controls.
- The pact signals a partial thaw timed with PM Modi's upcoming China visit for the SCO summit.
EV Makers Report Production Hits
- Sharmistha Mukherjee reports EV makers like Bajaj and TVS faced production disruptions from magnet shortages.
- Some launches were delayed and manufacturers warned of near-zero production periods.
Fertilizer Shortages Hit Horticulture
- Shambhavi Anand explains specialty fertilizer stoppages impacted horticulture and contributed to input shortages.
- India relies heavily on Chinese raw materials for DAP and specialty fertilizers, worsening the squeeze.