bengaluru india banned 118 more mostly chinese apps on wednesday a move that could intensify simmering tensions between the two countries following a recent clash at a disputed himalayan border site and raising concerns about the longerterm impact of 82 billion of tradethe latest apps include tencent holdings ltds popular videogame pubgindia imported 653 billion worth of goods from china in the fiscal year ended march 2020 and exported 166 billion according to the commerce ministrybelow are trade arrangements and financial deals in major industries and products between the two countriespharmaceuticalindia sources around 70 of its active pharmaceutical ingredients apis from china to supply its vast pharmaceutical industry that includes sun pharmaceutical industries lupin and ipca labsindias pharma imports from china were 268 billion in 201920automotiveindias auto parts imports from china were 42 billion in 2019 including engine and transmission parts according to data from the auto component manufacturers association of india acmanew delhi has asked auto companies to cut imports from china but industry experts say india relies heavily on china for cheap auto parts and electronic componentsmaharashtra home to financial capital mumbai in june stalled a proposal by chinas great wall motor to invest nearly 500 milliongreat wall motor and saic unit mg motor have bet big on india with investment proposalsinvestment financein april india tightened rules for investments from neighbouring countries including china to prevent opportunistic takeovers after the covid19 pandemicchinese firms existing and planned investments in india stand at more than 26 billion research group brookings said in marchchinese tech gaints tencent and alibaba have fuelled growth of indian digital payments firms paytm grocer bigbasket and ridehailing giant olametalsindias steel exports more than doubled between april and july to hit their highest level in at least six years boosted by a surge of chinese buyingindias exports of iron and steel and related articles to china stood at 5959 million while indian imports from china in 20192020 stood at 271 billionindia in june imposed an antidumping duty on flatrolled steel products that are plated or coated with alloy of aluminium and zinc originating in or from countries including chinanonessential itemsthe government has been consulting with companies on tightening curbs on 1173 nonessential products including toys plastics steel items electronics and specific auto components according to a trade body officialindia has also been planning to impose higher trade barriers and raise import duties on around 300 products from china and elsewhere