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From toys and plastic goods to sports items, and furniture - goods worth $127 billion - could be placed under restrictions
Imports from the northern neighbour have been on the wane since 2017-18 when it had peaked to $76 bn.
Suresh Prabhu said the trade deficit issue remained among the foremost of problems in expanding economic relations
Other countries with which India has trade deficit are Switzerland, Saudi Arabia, Indonesia, S Korea